#Latest news with #US1.36AU Financial Review01-05-2025BusinessAU Financial ReviewAtlassian warns of weaker-than-expected sales, shares plunge 17pcA disappointing sales outlook from Atlassian has pushed shares in the Australian-headquartered, Nasdaq-listed workplace collaboration software giant down more than 17 per cent, wiping $3 billion from its market capitalisation. While the company's third-quarter results were in line with investors' expectations, its guidance for sales in the fourth quarter of the financial year came in below analysts' forecast of $US1.36 billion ($2.1 billion).
AU Financial Review01-05-2025BusinessAU Financial ReviewAtlassian warns of weaker-than-expected sales, shares plunge 17pcA disappointing sales outlook from Atlassian has pushed shares in the Australian-headquartered, Nasdaq-listed workplace collaboration software giant down more than 17 per cent, wiping $3 billion from its market capitalisation. While the company's third-quarter results were in line with investors' expectations, its guidance for sales in the fourth quarter of the financial year came in below analysts' forecast of $US1.36 billion ($2.1 billion).