-- (Updates with the latest stock movement in the first paragraph and headline.)
Atlassian (TEAM) shares were up over 28% in Friday trading after the firm reported better-than-expected fiscal Q3 results.
Late Thursday, the company posted Q3 adjusted earnings of $1.75 per diluted share, up from $0.97 a year earlier.
Analysts polled by FactSet expected $1.33.
Revenue for the three months ended March 31 was $1.79 billion, up from $1.36 billion a year earlier.
Analysts surveyed by FactSet expected $1.70 billion.
For Q4, the company expects revenue of $1.65 billion to $1.66 billion. Analysts expect $1.66 billion.
For the full-year 2026, the company expects revenue growth of around 24%.
Price: $87.99, Change: $+19.40, Percent Change: +28.28%