Atlassian Corp Class A
TEAM: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nVG | LOCK|?l^&@ | LOCK|V<G%>?p |
Atlassian Earnings: Good Quarter With AI Providing a Boost; Shares Undervalued
Atlassian reported first-quarter results that easily topped guidance, with revenue up 21% year over year to $1.433 billion and non-GAAP operating margin of 22.6%, versus the high end of guidance at $1.403 billion and 20.5%, respectively.
