22 days ago • Posted by William Ramstein

Atlassian saw stock price rise after hiked its expected revenues for Q3

Atlassian shares surged 4%, following a 5% gain in the regular session to close at $242.19. The company expects preliminary third-quarter revenue of $566 million to $ 572 million. Analysts expect adjusted earnings of 22 cents a share on revenue of $487.2 million. In January, Atlassian had forecast adjusted earnings of 20 cents to 21 cents a share on revenue of $475 million to $490 million for the third quarter. The company is scheduled to report full earnings on April 29.

Source: MarketWatch