Atlassian's stock soars to a 3-year high in after-hours trading due to impressive Q2 results.

From Stocktwits: 2025-01-30 23:44:18

Atlassian Corp. CEO Mike Cannon-Brookes announced that AI has been integrated into the company’s cloud platform, enhancing collaboration and knowledge sharing. The company’s stock soared in after-hours trading following better-than-expected fiscal 2025 second-quarter results, with non-GAAP EPS of $0.96 and revenue of $1.29 billion, up 21% YoY. Subscription revenue increased 30% to $1.21 billion, and the company ended the quarter with 49,449 customers with over $10,000 in ARR. Atlassian projected third-quarter revenue of $1.345 billion to $1.353 billion, with 23.5% growth in Cloud revenue and 7% growth in Data Centers. Sentiment on Stocktwits turned ‘bearish,’ with the stock trading up 19.50% at $319 in after-hours trading.



Read more at Stocktwits: Atlassian Stock Climbs To 3-Year High After-Hours On Beat-And-Raise Q2 But Retail Sentiment Lags