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:  Slack Technologies (WORK) Q3 loss narrows on higher revenues; beats view

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