Atlassian (NASDAQ:TEAM) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.82-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.82. The company issued revenue guidance of $1.205-1.207 billion, compared to the consensus revenue estimate of $1.2 billion.Atlassian also updated its Q4 guidance to $0.16 EPS.
NASDAQ TEAM traded up $3.74 during mid-day trading on Friday, reaching $128.87. The stock had a trading volume of 3,707,467 shares, compared to its average volume of 2,251,776. The company has a quick ratio of 3.34, a current ratio of 3.34 and a debt-to-equity ratio of 1.22. Atlassian has a 1 year low of $60.32 and a 1 year high of $129.97. The firm has a market cap of $13.29 billion, a P/E ratio of -1,841.00, a PEG ratio of 198.10 and a beta of 1.77.
Atlassian (NASDAQ:TEAM) last posted its earnings results on Wednesday, April 17th. The technology company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.26). Atlassian had a positive return on equity of 1.34% and a negative net margin of 38.06%. The company had revenue of $309.30 million during the quarter, compared to the consensus estimate of $304.68 million. During the same period last year, the firm posted $0.10 EPS. The company’s revenue for the quarter was up 37.9% on a year-over-year basis. As a group, equities analysts expect that Atlassian will post 0.03 earnings per share for the current fiscal year.
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Atlassian Company Profile
Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. It provides project tracking, content creation and sharing, and service management products. The company's products include JIRA, a workflow management system that enables teams to plan, organize, track, and manage their work and projects; Confluence, a content collaboration platform that is used to create, share, organize, and discuss projects; and Trello, a Web-based project management application for capturing and adding structure to fluid, fast-forming work for teams.
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