Atlassian shares drop sharply on slowing growth and wider quarterly loss - SiliconANGLE
Atlassian shares drop sharply on slowing growth and wider quarterly loss
Shares in Atlassian Corp. fell nearly 18% in after-hours trading today after the Australian collaboration software company posted a wider net loss and its slowest revenue growth in years despite solid performance in its cloud business.
For its fiscal third quarter that ended on March 31, Atlassian reported adjusted earnings of 97 cents per share, up from 89 cents per share in the same quarter of the previous fiscal year, on...
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