Business
Atlassian beats revenue predictions as losses grow – and investors are happy
Q1 FY25 revenue of US$1.19bn, up 21% Subscription revenue of US$1.13bn, up 33% US$123.8m net loss, up 300% Operating loss of $32m FY25 revenue growth expected at 16.5-17%. $1.5bn share buyback planned Atlassian beat its own revenue growth predictions in the first quarter of the new financial year (Q1, FY25), but its losses also continue… Read more »
