LIU GENE sold $71K of TEAM

Atlassian (TEAM) reported Q1 FY2027 revenue growth of 24% to $1.8B, with cloud revenue up 31% to $1.3B. Subscription ARR increased 23% to $6.8B. The company plans to submit Rovo government cloud in June 2027, targeting IL5 in July 2028, according to CEO Michael Cannon-Brookes.

Atlassian's shares fell 17% in after-hours trading despite beating Q1 earnings estimates. Revenue rose 24% to $1.772B, with cloud revenue up 31%. However, the company forecast slower subscription growth, prompting the sell-off. Atlassian reported $1.65 adjusted EPS, exceeding expectations. The stock had nearly doubled since August.

Atlassian (TEAM) reported Q3 fiscal 2027 net income of $90.7M ($0.35 EPS), reversing a $51.9M loss year-over-year. Revenue rose 24% to $1.772B, driven by subscription growth. Shares fell 17.4% after hours.

Airbnb (ABNB) rose 11% after Q3 earnings and revenue beat estimates. Atlassian (TEAM) fell 15% due to declining data center revenue growth. Affirm (AFRM) dropped 11% as revenue projections narrowly topped estimates. Wynn Resorts (WYNN) declined 1% after missing Q3 expectations. Akamai (AKAM) fell 1% following disappointing Q4 guidance. Cloudflare (NET) surged 14% on better-than-expected guidance. JFrog (FROG) rose 25% after raising full-year outlook.

Atlassian (TEAM) reported fiscal Q1 earnings of $90.7M, or 35 cents per share, beating estimates of $1.39 per share. Revenue was $1.77B, exceeding forecasts of $1.71B. Adjusted EPS was $1.65. Results topped Wall Street expectations.

Atlassian (TEAM) reported Q3 CY2026 revenue of $1.77B, beating estimates by 3.5% and growing 23.7% YoY. Adjusted EPS of $1.65 exceeded expectations by 15.7%. Operating income rose to $575.8M, a 17% beat. Q4 revenue guidance is $1.83B, above consensus. Operating margin improved to 10.7% from -6.7% YoY, with free cash flow margin at 26.1%.