Finance
Atlassian Shares Surge 35 Percent After Blowout Earnings and Raised Guidance
Atlassian shares jumped more than 35 percent after the software company reported fourth quarter fiscal 2026 revenue of 1.77 billion dollars, up 28 percent year over year, beating Wall Street estimates on both revenue and earnings per share. Cloud revenue grew 31 percent to over 1.2 billion dollars, and co-founder and co-CEO Mike Cannon-Brookes credited artificial intelligence tools built into the company's products for accelerating customer growth and usage.
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