Atlassian Corporation plc Reports Earnings Results for the Second Quarter Ended December 31, 2020
January 29, 2021 at 02:34 am IST
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Atlassian Corporation Plc announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced total revenue was USD 501.359 million compared to USD 408.725 million a year ago. Operating income was USD 27.713 million compared to USD 41.841 million a year ago. Net loss was USD 621.528 million compared to net income of USD 124.074 million a year ago. For the half year, total revenue was USD 960.865 million compared to USD 772.115 million a year ago. Operating income was USD 39.645 million compared to USD 37.286 million a year ago. Net loss was USD 643.082 million compared to net income of USD 193.394 million a year ago.
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.