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Atlassian Q1 2027 Earnings Call Transcript

ResultsRead the original at Benzinga
Good for TEAM

Atlassian’s sales grew 24% to $1.8 billion, cloud sales grew 31% to $1.3 billion, and cash left after spending rose 304% from a year earlier. Its careful forecast amid economic uncertainty tempers these gains, but broad growth and larger customer commitments make the report positive.

TEAM · Atlassian Corporation Plc

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Larger commitments from global customers such as Infosys, SAP and Workday show customers are expanding their use of Atlassian’s tools. More customers also added its Teamwork and Service products. Management’s careful forecast amid economic uncertainty tempers the report. Still, growth across sales, cloud services and cash generation, plus customer expansion, makes the report positive.

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