Atlassian Q4 2024 Adj. EPS $0.66 Beats $0.60 Estimate, Sales $1.131B Beat $1.130B Estimate
Portfolio Pulse from Benzinga Newsdesk
Atlassian (NASDAQ:TEAM) reported Q4 2024 earnings of $0.66 per share, beating the analyst estimate of $0.60. Sales were $1.131 billion, slightly above the $1.130 billion estimate. Both earnings and sales showed significant year-over-year growth.
August 01, 2024 | 8:08 pm
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Atlassian reported Q4 2024 earnings of $0.66 per share, beating the analyst estimate of $0.60. Sales were $1.131 billion, slightly above the $1.130 billion estimate. Both earnings and sales showed significant year-over-year growth.
Atlassian's better-than-expected earnings and sales, along with significant year-over-year growth, are likely to positively impact its stock price in the short term. Beating analyst estimates typically boosts investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100