Recap: Atlassian Q3 Earnings - Atlassian (NASDAQ:TEAM)

Atlassian TEAM reported its Q3 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Atlassian beat estimated earnings by 58.82%, reporting an EPS of $0.54 versus an estimate of $0.34.

Revenue was up $174.96 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 7.19% drop in the share price the next day.

Here's a look at Atlassian's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.31	0.38	0.26	0.32
EPS Actual	0.45	0.36	0.27	0.47
Revenue Estimate	851.32M	806.37M	722.22M	700.72M
Revenue Actual	872.70M	807.39M	759.84M	740.49M

To track all earnings releases for Atlassian visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.