Atlassian Shares Rise After Beating Revenue Estimates
Atlassian reported third-quarter revenue of $1.79 billion, exceeding analyst expectations of $1.69 billion. Shares rose 23% on strong cloud product demand.
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ATLASSIAN CORP-CL A reported third-quarter revenue of $1.79 billion, exceeding expectations as cloud-based product demand drove a 23% share price surge. The result beat the $1.69 billion average estimate compiled by LSEG for the period ending April 30.
