TECH - Atlassian Q3 Earnings: Revenue Beat EPS Beat CEO Transition And More | Benzinga
Atlassian Corp (NASDAQ:TEAM) shares fell in Thursday’s after-hours session following the company’s fiscal third-quarter results.
- Q3 Revenue: $1.19 billion, versus estimates of $1.10 billion
- Q3 EPS: 89 cents, versus estimates of 62 cents
Total revenues were up 30% year-over-year, driven by subscription revenue growth of 41%. Operating income came in at $17.8 million, improved from an operating loss of $161.6 million in the prior year’s quarter.
Adjusted operating was #316.5 million, up 60.60% year-over-year. The adjusted operating margin was 27% for the third quarter of fiscal year 2024, compared with 22%
Cash flow from operations was $565.4 million, and free cash flow was ...