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Fly News Breaks for February 15, 2019
TEAM
Feb 15, 2019 | 07:31 EDT
BTIG analyst Joel Fishbein raised his price target on Atlassian to $125 in the wake of its Q2 earnings beat last month, saying the company is "rewriting the SaaS playbook" with its ability to "capitalize on its expanding total market opportunity". The analyst adds that the company's best-in-class growth opportunity and profitability framework are misunderstood by investors, keeping his Buy rating on the stock.
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.