Atlassian Corporation Plc Reports Impairment Charges for the Fourth Quarter Ended June 30, 2021
July 29, 2021 at 04:25 pm EDT
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Atlassian Corporation Plc reported impairment charges for the fourth quarter ended June 30, 2021. For the quarter, the company reported impairment of lease-related assets of $7,435,000.
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.
ATLASSIAN CORPORATION 
