Michael Cannon-Brookes, co-CEO of Atlassian.
Scott Mlyn | CNBC
Atlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from the software maker and a forecast that met Wall Street’s expectations.
Here’s how the company did, compared to the consensus among analysts surveyed by LSEG, formerly known as Refinitiv:
- Earnings per share: 65 cents, adjusted vs. 54 cents per share expected
- Revenue: $977.8 million vs. $966.1 million expected
Revenue in the quarter ending Sept. 30 increased 21% year over year from $807.4 million a year earlier, according to a statement. Growth slowed for the fifth consecutive quarter.
Atlassian’s net loss widened to $31.9…