Atlassian Corporation plc Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2020
January 24, 2020 at 02:33 am IST
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Atlassian Corporation Plc provided earnings guidance for the third quarter and full fiscal year 2020. For the quarter, total revenue is expected to be in the range of $395 to $399 million. Net loss per diluted share is expected to be approximately $0.19 on an IFRS basis, and net income per diluted share is expected to be approximately $0.20 on a non-IFRS basis.
For the fiscal year 2020, total revenue is expected to be in the range of $1,590 million to $1,600 million. Net income per diluted share is expected to be in the range of $0.48 to $0.54 on an IFRS basis and in the range of $1.03 to $1.09 on a non-IFRS basis.
Atlassian Corporation designs, develops, licenses, and maintains software and provisions software hosting services. The Companyâs products include Jira Software and Jira Work Management, Confluence for content creation and sharing, and Jira Service Management for team service, management, and support applications. The Jira Software and Jira Work Management provides a project management system that connects technical and business teams. Confluence provides a connected workspace that organizes knowledge across all teams to move work forward. Jira Service Management is a service desk product for creating and managing service experiences for a variety of service team providers, including information technology, legal, and human resources teams. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.