Atlassian Corporation (NASDAQ: TEAM) has announced that it will be unveiling its first quarter financial results on Thursday 31st October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the firm is expected to reveal an anticipated $0.64 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $1.15 billion.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.65. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $977.78 million during that specific period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $5.07 billion. Additionally, they expect the company to post profit of $3.18 per share for the fiscal year.
TEAM will host a conference call with investment community on 31st October 2024 at 05:00 PM eastern time to discuss the financial results.
Atlassian Corporation (TEAM) closed Tuesday's regular trading session at $191.74, marking a 1.63 percent upturn. The stock fluctuated between $187.57 and $193.30 during the day, with a volume of 1.83 million shares.
