secwatch.observer — SEC 8-K summary
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Issuer:     Atlassian Corp (TEAM)
CIK:        0001650372
Form:       8-K/A
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001650372-23-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlassian Q2 FY23 revenue $873M (+27% YoY); GAAP net loss $205M; authorizes $1B buyback
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- Revenue $872.7M, up 27% YoY; subscription revenue $711M (+40% YoY).
- GAAP net loss $205.0M ($0.80 loss per share) includes $83.1M non-recurring tax charge.
- Non-GAAP operating margin 20% vs 26% a year ago; non-GAAP EPS $0.45.
- Cash from ops $150.5M (incl. $57M discrete tax payment); free cash flow $146.5M.
- Board authorized $1B share repurchase program with no fixed expiration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650372/000165037223000007/0001650372-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650372/000165037223000007/team-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001650372-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer