Atlassian Corporation plc Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
July 29, 2021 at 04:02 pm EDT
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Atlassian Corporation Plc announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced total revenue was USD 559.539 million compared to USD 430.476 million a year ago. Operating loss was USD 7.526 million compared to USD 3.280 million a year ago. Net loss was USD 213.073 million compared to USD 385.223 million a year ago. For the full year, total revenue was USD 2,089.132 million compared to USD 1,614.173 million a year ago. Operating income was USD 101.634 million compared to USD 14.086 million a year ago. Net loss was USD 696.315 million compared to USD 350.654 million 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.