Atlassian stock soars 18% on earnings beat, strong outlook

Stocks and InvestingStocks and Investing

Fri, January 31, 2025

[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - Reuters

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[ Fri, Jan 31st ] - PBS

Trump says he's placing tariffs on imports from Canada, Mexico and China starting Saturday

[ Fri, Jan 31st ] - Reuters

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[ Fri, Jan 31st ] - Fortune

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[ Fri, Jan 31st ] - Reuters

Super Bowl 2025: how was the host city chosen and who are future hosts?

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Aditya Roy Kapur's beautiful moment with 'bhabhi' .. bhai' Siddharth Roy Kapur is too endearing; WATCH

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - Investopedia

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[ Fri, Jan 31st ] - Reuters

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[ Fri, Jan 31st ] - Indiatimes

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[ Fri, Jan 31st ] - WOPRAI

Short squeeze is starting in shares of MYSZ at $1 .. 95, after crossing above the $1.949 Trigger Price

[ Fri, Jan 31st ] - AARP

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[ Fri, Jan 31st ] - People

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - Reuters

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - CNN

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[ Fri, Jan 31st ] - WOPRAI

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - Indiatimes

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - WOPRAI

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[ Fri, Jan 31st ] - Forbes

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[ Fri, Jan 31st ] - WOPRAI

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[ Fri, Jan 31st ] - PBS

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - WOPRAI

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[ Fri, Jan 31st ] - AOL

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[ Fri, Jan 31st ] - WFAE

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[ Fri, Jan 31st ] - WOPRAI

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[ Fri, Jan 31st ] - MSN

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[ Fri, Jan 31st ] - WOPRAI

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[ Fri, Jan 31st ] - WOPRAI

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Atlassian stock soars 18% on earnings beat, strong outlook

^{Published on 2025-01-31 09:01:16 - MSN}

Atlassian Corp Plc (NASDAQ:TEAM) shares surged 18% in after-hours trading on Thursday after the team collaboration software provider reported better-than-expected second-quarter results and issued an upbeat revenue forecast.

Atlassian Corporation's stock surged by 18% following the release of their quarterly earnings report, which significantly exceeded expectations. The company reported a revenue of $1.19 billion, surpassing the consensus estimate of $1.11 billion, and their adjusted earnings per share were $0.89, well above the anticipated $0.61. This performance was driven by robust growth in their cloud-based products, with a notable increase in subscription revenues. Additionally, Atlassian provided a strong forward-looking guidance, projecting continued growth and profitability, which further bolstered investor confidence. The positive earnings news and optimistic outlook led to a significant uptick in the company's stock price, reflecting market approval of Atlassian's strategic direction and operational execution.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/top-stocks/atlassian-stock-soars-18-on-earnings-beat-strong-outlook/ar-AA1y95HS ]

N@N

Atlassian stock soars 18% on earnings beat, strong outlook