Shares of Atlassian Corp. raced 16.2% higher after hours on Thursday after the workplace-collaboration cloud software developer forecast fiscal first-quarter...
Shares of Atlassian Corp.
raced 16.2% higher after hours on Thursday after the workplace-collaboration cloud software developer forecast fiscal first-quarter sales that were above Wall Street’s estimates. The company said it expected first-quarter sales of $950 million to $970 million, above FactSet forecasts of $954 million. And it said it expected full-year cloud revenue growth of 25% to 30%, following a pullback in IT spending through the past year.
raced 16.2% higher after hours on Thursday after the workplace-collaboration cloud software developer forecast fiscal first-quarter sales that were above Wall Street’s estimates. The company said it expected first-quarter sales of $950 million to $970 million, above FactSet forecasts of $954 million. And it said it expected full-year cloud revenue growth of 25% to 30%, following a pullback in IT spending through the past year.
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