Atlassian Corporation (NASDAQ: TEAM) shares are trading lower in Thursday's after-hours session following the company's second-quarter results.
What To Know: Atlassian reported quarterly earnings of 73 cents per share, topping the analyst consensus estimate of 62 cents, a 62.22% increase over earnings of 45 cents per share from last year.
The company reported quarterly sales of $1.06 billion, which clocked in above analyst expectations of $1.02 billion, a 21.46% increase over sales of $872.70 million from the same period last year.
A closer look at the company's revenue reveals that subscription ...