Atlassian stock drops as revenue outlook comes in light

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Atlassian Corp. shares fell in the extended session Thursday after the collaboration and productivity software company’s poor revenue outlook overshadowed...

Atlassian Corp.

shares fell in the extended session Thursday after the collaboration and productivity software company’s poor revenue outlook overshadowed its earnings beat. Atlassian shares dropped as much as 16% after hours, following a 3.4% gain the regular session to close at $150.05. Atlassian forecast revenue of $900 million to $920 million for their fiscal fourth quarter, while analysts had estimated $919.

shares fell in the extended session Thursday after the collaboration and productivity software company’s poor revenue outlook overshadowed its earnings beat. Atlassian shares dropped as much as 16% after hours, following a 3.4% gain the regular session to close at $150.05. Atlassian forecast revenue of $900 million to $920 million for their fiscal fourth quarter, while analysts had estimated $919.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines