Atlassian Corp Class A
TEAM: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #DQ | LOCK|%nyw | LOCK|ff>#?m |
Atlassian Earnings: Good Results Clobbered by Elongating Sales Cycles
Atlassian reported third-quarter results that handily topped guidance. Revenue grew by 14% year over year to $1.357 billion, while non-GAAP operating margin was 25.7%, versus the midpoint of guidance at $1.35 billion and 23.5%, respectively.
