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Fly News Breaks for July 27, 2018
TEAM
Jul 27, 2018 | 08:06 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Atlassian to $88 and kept his Buy rating after its "strong and eventful" quarter that saw revenues rise 40%, sending the stock price up 15% in the aftermarket. The analyst cites the company's higher than expected customer additions and its higher revenue per customer metrics.
News For TEAM From the Last 2 Days
TEAM
Apr 25, 2024 | 16:11 EDT
Data Center revenue growth year-over-year is expected to be in the range of 40% to 42%. Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a non-GAAP basis. Operating margin is expected to be approximately (7.0%) on a GAAP basis and approximately 18.5% on a non-GAAP basis.