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Tag: NASDAQ: TEAM

Stock Investing

Atlassian Corporation Plc (TEAM): Latest Results Show Potential

Atlassian Corporation plc (NASDAQ: TEAM), a supplier of remote and hybrid solutions, issued its fourth quarter fiscal 2022 report last week. Prices increased by double digits due to strong positive dynamics. TEAM was trading at $279.35 on August 8. Revenue increased by 36% year on year to $760 million in the fiscal quarter ending June 30, with subscription revenues increasing by 55% to $597 million. Atlassian Corporation plc (TEAM) had a net loss of $105.5 million, or $0.41 per diluted share. The cash and equivalents stock totaled $1.5 billion, which is sufficient to keep the firm running in the next