Technology

Atlassian reports Q1 revenue of $807.4M, up 31% YoY, and forecasts lower than expected Q2 revenue; stock is down 20%+, after having fallen 54% already this year (Jordan Novet/CNBC)

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Atlassian reports Q1 revenue of $807.4M, up 31% YoY, and forecasts lower than expected Q2 revenue; stock is down 20%+, after having fallen 54% already this year (Jordan Novet/CNBC)
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Jordan Novet / CNBC:

Atlassian reports Q1 revenue of $807.4M, up 31% YoY, and forecasts lower than expected Q2 revenue; stock is down 20%+, after having fallen 54% already this year  —  – Atlassian’s quarterly revenue outlook missed expectations.  — The software maker said existing customers are adding users at a reduced pace.



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