Atlassian Earnings Guidance Falls Short; TEAM Stock Falls

REINHARDT KRAUSE
·2 min read
Atlassian Earnings Guidance Falls Short; TEAM Stock Falls
Atlassian Earnings Guidance Falls Short; TEAM Stock Falls

Atlassian earnings for its fiscal first quarter topped views, but the collaboration software maker gave weak earnings guidance for the current quarter. Founded in Australia, Atlassian sells project-management and collaborative software for software developers and tech department engineering teams. Atlassian earnings rose 7% to 30 cents a share adjusted for the quarter ended Sept. 30.