Atlassian Swings to Fiscal Q1 Profit as Revenue Rises
Atlassian reported net income of $90.7 million, or $0.35 per share, for fiscal Q1 2027, versus a net loss in the year-earlier period. Subscription revenue continued to grow.
CANBERA (dpa-AFX) - Atlassian Corporation (TEAM) on Thursday reported net income for the first quarter of fiscal 2027, compared with a net loss in the same period a year earlier, as subscription revenue continued to grow.The company posted net income of $90.7 million, or $0.35 per share, compared w…