Atlassian delivered better-than-expected fiscal second quarter results as demand for collaboration software continued to surge.
The company, best known for its Jira Service Management software, reported a second quarter net loss of $621.5 million, or $2.49 a share, on revenue of $501.4 million, up 23% from a year ago. Adjusted earnings, which exclude expenses due to exchanging senior notes, were 37 cents a share for the second quarter.
Wall Street was expecting Atlassian to report second quarter revenue of $471.66 million and non-GAAP earnings of 32 cents a share.
