earnings
confidence high
sentiment neutral
materiality 0.75
Atlassian Q4 revenue $1.13B (+20% YoY); co-CEO Scott Farquhar steps down, CSO leaving
Atlassian Corp
2024-FY EPS reported
-$1.16
revenue$4,358,603,000
- Q4 GAAP net loss $196.9M ($0.76 EPS loss); non-GAAP net income $171.4M ($0.66 EPS).
- FY2024 revenue $4.4B (+23% YoY); free cash flow $1.416B, first >$1B.
- Co-founder and co-CEO Scott Farquhar stepping down from co-CEO role, will remain on board as special advisor.
- Chief Sales Officer Kevin Egan leaving at end of August; search for new CRO underway.
- Customer count surpassed 300,000; customers spending >$1M/yr up 48% to 524.