Atlassian Puts Growth Before Profits
Team collaboration and productivity software provider Atlassian (NASDAQ: TEAM) reported its fiscal fourth-quarter results after the market closed on July 27. Revenue grew by more than 30% year over year, although rising costs pushed up the company's net loss. Adjusted profit fared better, but it rose slower than revenue. Here's what investors need to know about Atlassian's fourth-quarter report.
Metric
Q4 2017
Source: Fool.com
Atlassian Corp. Stock
€95.70
-2.750%
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Atlassian Corp..
As a result the target price of 128 € shows a positive potential of 33.75% compared to the current price of 95.7 € for Atlassian Corp..
