Atlassian reports Q1 adjusted EPS 77c, consensus 64c

Reports Q1 revenue $1.19B, consensus $1.15B. “Through the power of our R&D engine, we’re not just marketing AI, we’re shipping it. I’m thrilled our team was able to launch Rovo, our latest product built for the AI era, into general availability just five months since its announcement,” said Mike Cannon-Brookes, Atlassian’s (TEAM) CEO and co-Founder. “We’re delivering differentiated value for customers through the power of Atlassian’s cloud platform and our Teamwork Graph – enabling teams to unlock organizational knowledge at scale across both first-party and third-party applications.”