Categories Earnings, Technology

Atlassian Corporation (TEAM) Q2 2020: Earnings Snapshot

 — Atlassian Corporation (NASDAQ: TEAM) reported second-quarter 2020 earnings of $0.37 per share, vs. $0.27 per share expected.

— Net revenue grew 37% to $408.7 million, vs. $388.93 million expected. Subscription revenue grew 50% year-over-year.

Atlassian customers at the end of period

—  Atlassian added 5,003 net new customers during the quarter.

— The company’s President Jay Simons, will leave Atlassian in July 2020.

— TEAM shares rose 8.6% immediately following the announcement. 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  Home Depot’s Q1 results surpass expectations

Most Popular

Chewy (CHWY) stock drops after reporting Q4 earnings; FY20 forecast not given

Online pet food seller Chewy Inc.'s (NYSE: CHWY) bottom line beat the market's estimates, while sales met the targets in the fourth quarter of 2019. The company posted a loss

Ford (F) got hit by COVID-19 and here’s why a recovery will not be easy

Ford Motor Company (NYSE: F) reported a 12.5% decline in total US vehicle sales for the first quarter of 2020. The sales numbers were heavily impacted by the coronavirus outbreak

US unemployment claims double to 6.6 million in a week; stocks fall

After climbing to a record high a week ago, jobless claims in the US more than doubled and reached unprecedented levels in the week ended March 28 as more and

Tags

Top