Atlassian Predicts Strong Second-Quarter Revenue Growth Driven by AI Demand

Reported about 14 hours ago

Atlassian has projected its second-quarter revenue to exceed estimates, anticipating a surge in demand for its enterprise software due to businesses' integration of artificial intelligence. The company expects revenue between $1.535 billion and $1.54 billion, surpassing analysts' average estimate of $1.51 billion. Additionally, Atlassian's CFO Joe Binz will retire in mid-2026, as the firm aims to enhance cross-selling and capitalize on its AI products.

Source: YAHOO

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