Atlassian (TEAM) Reports Fiscal Q2 Loss of $42.6M, EPS -$0.16, Beats Estimates

Atlassian Corporation Plc (TEAM) reported a fiscal second-quarter loss of $42.6 million, or 16 cents per share, with adjusted earnings of $1.22 per share. Revenue reached $1.59 billion, both exceeding analyst forecasts of $1.12 and $1.54 per share, respectively.