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Atlassian Corp. (NASDAQ:TEAM) reported third-quarter results after Thursday’s closing bell.
Atlassian's Q3 operating income rose to $607.2 million from $348.3 million last year.
KEY POINTS
- Service Collection achieved over $1 billion in ARR, growing more than 30% year-over-year.
- Atlassian's Q3 operating margin increased to 34%, up from 26% in the prior year quarter.
- Atlassian forecasts Q4 revenue of $1.65-$1.66 billion, in line with consensus estimates.
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