Atlassian Corporation Plc Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
January 27, 2022 at 04:07 pm EST
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Atlassian Corporation Plc reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported revenue was USD 688.53 million compared to USD 501.36 million a year ago. Net loss was USD 77.47 million compared to USD 621.53 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 2.49 a year ago. Diluted loss per share from continuing operations was USD 0.31 compared to USD 2.49 a year ago.
For the six months, revenue was USD 1,302.55 million compared to USD 960.87 million a year ago. Net loss was USD 477.57 million compared to USD 643.08 million a year ago. Basic loss per share from continuing operations was USD 1.89 compared to USD 2.59 a year ago. Diluted loss per share from continuing operations was USD 1.89 compared to USD 2.59 a year ago.
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.