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Atlassian Corporation - TEAM STOCK NEWS

Welcome to our dedicated news page for Atlassian Corporation (Ticker: TEAM), a resource for investors and traders seeking the latest updates and insights on Atlassian Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Atlassian Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Atlassian Corporation's position in the market.

Rhea-AI Summary
Atlassian (NASDAQ: TEAM) announced the release of its financial results for the third quarter of fiscal year 2024. The company will host a webcast and conference call to discuss the results and will also hold an Investor Day with financial analysts and investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
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Rhea-AI Summary
ActionIQ, a leading Composable Customer Data Platform, has been named a Visionary on the Gartner Magic Quadrant for CDPs. Atlassian Corporation, a client of ActionIQ, saw significant improvements in customer conversion rates and campaign production time. ActionIQ's capabilities include building smart audiences, personalizing customer interactions, orchestrating customer journeys, activating customer data, resolving identities, and enhancing GenAI models.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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none
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Rhea-AI Summary
Atlassian Corporation (NASDAQ: TEAM) announced its second-quarter financial results, reporting a quarterly revenue of $1,060 million, up 21% year-over-year, and a quarterly subscription revenue of $932 million, up 31% year-over-year. The company achieved a quarterly GAAP operating margin of (5%) and a non-GAAP operating margin of 24%. Quarterly cash flow from operations was $290 million, with free cash flow of $284 million. Atlassian's co-founders and co-CEOs, Scott Farquhar and Mike Cannon-Brookes, highlighted the company's achievements, including reaching $1 billion in revenue for the first time, Jira Software crossing $1 billion in Cloud ARR, and surpassing 300,000 customers. The company remains focused on strategic priorities such as cloud migrations, serving enterprise customers, ITSM, and AI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.72%
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Rhea-AI Summary
Atlassian Corporation (NASDAQ: TEAM) announced the release of financial results for its second quarter of fiscal year 2024 ended December 31, 2023. The company will host a webcast and conference call to discuss the financial results on Thursday, February 1, 2024, at 2:00 P.M. Pacific Time. Atlassian will also post a shareholder letter to the Investor Relations section of its website. Webcast details and access to the call can be found on Atlassian's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.79%
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News
Rhea-AI Summary
Atlassian Corporation (NASDAQ: TEAM) has completed the acquisition of Loom, a video messaging platform, to enhance team collaboration in the global movement towards distributed work.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
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Rhea-AI Summary
Atlassian Corporation has been named a Leader in The Forrester WaveTM: Enterprise Service Management, Q4 2023. They received the highest possible score in the strategy category. Jira Service Management, Atlassian's ESM solution, offers a comprehensive and integrated suite of tools that connect development, IT, and business teams for enhanced collaboration and workflow efficiency. Atlassian's focus on innovation and customer growth validates their strategy in this space.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
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none
Rhea-AI Summary
Atlassian Corporation, a leading provider of team collaboration and productivity software, reported quarterly revenue of $978 million, up 21% YoY. Quarterly subscription revenue increased by 31% YoY. The company achieved a quarterly non-GAAP operating margin of 23% and generated $167 million in cash flow from operations. Atlassian also announced the acquisition of Loom, a leading asynchronous video messaging platform, to enhance collaboration across its suite of products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.48%
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Rhea-AI Summary
Atlassian Corporation announces acquisition of Loom, a video messaging platform with 25 million users, to enhance team collaboration. The $975 million deal will integrate Loom's async video capabilities into Atlassian's products, allowing teams to connect and collaborate more effectively. The transaction is expected to close in Q3 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.54%
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Rhea-AI Summary
Atlassian Corporation to release Q1 FY2024 financial results on November 2, 2023
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Rhea-AI Sentiment
End-of-Day
-3.18%
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Rhea-AI Summary
Atlassian Corporation appoints Zeynep Ozdemir as CMO and promotes Kevin Egan to CSO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
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management
Atlassian Corporation

Nasdaq:TEAM

TEAM Rankings

TEAM Stock Data

53.58B
155.47M
0.29%
91.91%
1.99%
Software Publishers
Information
Link
United Kingdom
12 Primrose Street

About TEAM

atlassian is a leading provider of collaboration, development, and issue tracking software for teams. with over 50,000 global customers (including 85 of the fortune 100), we’re advancing the power of collaboration with products including jira, confluence, hipchat, and bitbucket. driven by honest values, an amazing culture, and consistent revenue growth, we’re out to unleash the potential of every team. for more information, visit https://www.atlassian.com/company