Tech rebound as Atlassian surges following earnings

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 90%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Investors have pushed Atlassian shares up over ten per cent after its latest earnings call showed it investing for growth while others cut costs during a potential recession.

Atlassian has pushed through the clouds over the tech sector, with shares surging after the Australian software giant revealed fourth quarter and annual results ahead of market expectations and the poaching of a top Microsoft executive.

Atlassian – which was famously profitable from early on in its private start-up years – lost $US614.1 million for the full year, compared to a $US696.3 million loss in 2021. In the fourth quarter, it lost $US105.5 million, compared to $US31.1 millionAdvertisement Co-CEO and founder Mike Cannon-Brookes. Atlassian doesn’t expect to lose customers as companies cut costs.“We firmly believe that Atlassian is uniquely positioned, having deep-seated momentum and a differentiated business model. This gives us the confidence to make incremental investments – despite the current environment,” the CEOs wrote.

In guidance for the next quarter, Atlassian forecast revenue in the range of $US795 million to $US810 million, and a widening loss per share of $US1.17 to $US1.16 – compared to a loss of $US0.41 in the fourth quarter. “We seized opportunities during the economic turbulence of 2008-2009 to scoop up talent that wouldn’t have been available otherwise and broadened our customer base by offering $10 starter licenses for our products,” they wrote.

It said it closed the financial year with over 200,000 cloud customers and cloud revenue growth in the fourth quarter of 55 per cent year-over-year.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 2. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Earnings misses punished in mixed start to profit seasonInvestors are already digesting a string of earnings reports for pointers as to the early winners and losers this earnings season. Most can't see the wood for the trees.
แหล่ง: FinancialReview - 🏆 2. / 90 อ่านเพิ่มเติม »