BUZZ-Atlassian rises after upbeat revenue forecast

Reuters
01-31
BUZZ-Atlassian rises after upbeat revenue forecast

** Shares of enterprise software developer Atlassian Corp TEAM.O up 16.5% at $312 in after-hours trading

** TEAM sees Q3 revenue between $1.345 bln and $1.353 bln, while analysts expect $1.31 bln, according to data compiled by LSEG

** Raises FY2025 revenue growth forecast to range from 18.5% to 19%, up from prior projection of 16.5% to 17%

** Posts Q2 revenue of $1.29 bln vs estimate of $1.24 bln

** TEAM gained 2.3% in 2024

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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