Atlassian Corporation Plc Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2018; Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2019
January 17, 2019 at 09:07 pm
Share
Atlassian Corporation Plc reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2018. For the quarter, the company reported, total revenues of $298,979,000 as compared to $214,578,000 a year ago. Operating loss was $3,169,000 as compared to $13,013,000 a year ago. Net income was $45,185,000 or $0.19 per basic share as compared to loss of $64,209,000 or $0.28 per basic share a year ago. Diluted net income per share attributable to ordinary shareholders was $0.18 against loss of $0.28 a year ago.
For the six months, the company reported, total revenues of $566,271,000 as compared to $410,058,000 a year ago. Operating loss was $3,361,000 as compared to $33,302,000 a year ago. Net loss was $197,260,000 or $0.83 basic and diluted earnings per share as compared to $75,679,000 or $0.33 basic and diluted share a year ago.
The company providing its financial targets for the third quarter and full fiscal year 2019. Total revenue is expected to be in the range of $303 million to $305 million. Net loss per diluted share is expected to be approximately $0.14 on an IFRS basis, and net income per diluted share is expected to be approximately $0.18 on a non-IFRS basis.
Fiscal year 2019: Total revenue is expected to be in the range of $1,195 million to $1,199 million. Net loss per diluted share is expected to be in the range of $1.07 to $1.06 on an IFRS basis, and net income per diluted share is expected to be in the range of $0.81 to $0.82 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 Plc Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2018; Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2019