TEAM Earnings Prediction
The chart below shows how TEAM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TEAM sees a +0.40% change in stock price 10 days leading up to the earnings, and a -1.36% change 10 days following the report. On the earnings day itself, the stock moves by +1.07%. This data can give you a slight idea of what to expect for the next quarter's release.
TEAM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.13B
20.50%
-4.84%
Gross Margin
80.78%
-1.39%
-1.55%
Operating Margin
-5.92%
8.23%
-494.67%
Net Margin
-17.40%
177.07%
-1726.17%
EPS
-0.76
-230.43%
-1185.71%
No Data Available
TEAM Earnings Analysis
Atlassian Corp Corporation (TEAM.O) Earnings Conference Call
Positive
Strong Revenue Growth: Atlassian achieved an annual run rate revenue exceeding $5 billion, with subscription revenue growing 30% year over year, indicating strong financial performance and growth momentum.
AI User Engagement Growth: The number of monthly active users utilizing Atlassian intelligence features surpassed 1 million, with AI interactions increasing more than 25 times year over year, showcasing significant customer engagement and product adoption.
Premium Sales Surge: Sales for premium and enterprise additions rose over 40% year over year, reflecting successful upselling strategies and increased customer commitment to higher-value products.
Record High Enterprise Deals: A record number of deals exceeding $1 million in annual contract value were signed during the quarter, highlighting strong demand from large enterprises for Atlassian's cloud solutions.
Gross Margin Improvement: Gross margins improved to 85%, exceeding guidance and driven by revenue outperformance and lower-than-expected cloud costs, indicating effective cost management and operational efficiency.
Negative
SMB Growth Concerns: Paid seat expansion rates in SMB remained stable, indicating a lack of growth momentum in this segment, which is concerning given the macroeconomic uncertainties.
Enterprise Revenue Opportunity Gap: Despite a record number of deals greater than $1,000,000, only 10% of revenues are derived from the largest customers, highlighting a significant opportunity gap in enterprise penetration.
Operating Margin Outlook: Operating margins in H2 are expected to be slightly lower than H1 due to increased spending on sales and marketing, which may not yield immediate returns.
Conservative Guidance Approach: The company has adopted a more conservative and risk-adjusted approach to guidance, reflecting ongoing uncertainties in the macro environment and execution risks in the enterprise go-to-market strategy.
Cloud Margin Decline Forecast: Cloud gross margins are projected to decline over the next three years due to a revenue mix shift, which could impact overall profitability despite current improvements.
