Atlassian Corporation Plc Provides Earnings Guidance for the First Quarter of Fiscal Year 2023
August 04, 2022 at 04:05 pm EDT
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Atlassian Corporation Plc provided earnings guidance for the first quarter of fiscal year 2023. For the period, Total revenue is expected to be in the range of $795 million to $810 million. Gross margin is expected to be in the range of 80% to 81% on an IFRS basis and in the range of 84% to 85% on a non-IFRS basis.
Operating margin is expected to be approximately (37%) on an IFRS basis and approximately 18% on a non-IFRS basis. Net loss per diluted share is expected to be approximately $1.17 to $1.16 on an IFRS basis, and net income per diluted share is expected to be approximately $0.37 to $0.38 on a non-IFRS basis.
Atlassian Corporation designs, develops, licenses, and maintains software and provisions software hosting services. The Companyâs products include Jira Software and Jira Work Management, Confluence for content creation and sharing, and Jira Service Management for team service, management, and support applications. The Jira Software and Jira Work Management provides a project management system that connects technical and business teams. Confluence provides a connected workspace that organizes knowledge across all teams to move work forward. Jira Service Management is a service desk product for creating and managing service experiences for a variety of service team providers, including information technology, legal, and human resources teams. The Atlassian platform is the common technology foundation for its products that drives connections between teams, information, and workflows. Its Loom platform is a video messaging platform that helps users to communicate through shareable videos.
ATLASSIAN CORPORATION 
