Atlassian Corp Class A

TEAM: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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