Oppenheimer Forecasts Atlassian Q1 Revenue $68 Million Above Outlook

Atlassian heads into its fiscal first-quarter report with Oppenheimer projecting $1.783 billion in revenue, a forecast that is $68 million above the high end of the company’s outlook. The estimate is about 24.5% above revenue in the year-earlier quarter and 3% to 5% higher than the $1.714 billion consensus figure. Atlassian’s Q1 FY27 revenue outlook was $1.705 billion to $1.715 billion. Oppenheimer’s projection exceeds management’s upper target as well as the consensus estimate, though Atlassian has not yet reported its actual September-quarter results.

Source: TokenPost