Australia-based software firm Atlassian Corp. (TEAM) has reported solid financial results for the fiscal first quarter ended September 30. Shares of the company surged 9.8% on Friday to close at $458.13. Atlassian develops products for project managers and software developers, and its portfolio includes JIRA, Confluence, Trello, Bitbucket, Jira Service Deak, Jira Align, Atlassian Access, Crowd, Crucible, Fisheye, Jira Portfolio, Sourcetree, Bamboo, Opsgenie and Statuspage. The company reported adjusted earnings of $0.46 per share, higher than the year-ago figure of $0.30 per share and the Street’s estimate of $0.40 per share. Total revenues grew 34% year-over-year to $614 million, beating analysts’ expectations of $582.32 million.
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