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TEAM: Strong Results, Weak Guidance

TheMotleyFool 
0 0 01.05.25
TEAM: Strong Results, Weak GuidancePhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png
 

Here's our initial take on 's (NASDAQ: TEAM) financial report.

AAR = average annual return.

Atlassian topped expectations in its fiscal second quarter ending March 31, reporting revenue up 14% and earnings per share up 9% year over year, thanks to strong 25% growth in cloud revenue. The company's shift from stand-alone products to a cloud-based suite appears to be going according to script.

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Source Fool.com

Atlassian Corp. Stock

€149.80
1.070%
Atlassian Corp. gained 1.070% today.
Atlassian Corp. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
On the other hand, the target price of 141 € is below the current price of 149.8 € for Atlassian Corp., so the potential is actually -5.87%.
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