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via finance.yahoo.comBusiness & Companies

Atlassian (TEAM) falls after guidance: shares down 16% in one day

FROM THE WIRE · FINANCE.YAHOO.COM

Atlassian (NasdaqGS:TEAM) just posted first quarter fiscal 2027 earnings that paired a switch to US$90.72 million in net income with fresh revenue guidance, and the stock dropped sharply after the outlook. The sharp reaction to Atlassian's outlook has come after a period where…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDisappointing revenue guidance weighed on the stock, already down over the month.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01First quarter fiscal 2027 net income was $90.72 million.
  2. 02The share price fell 16.15% in one day and 24.51% over thirty days.
  3. 03The share price now stands at $153.68.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Atlassian CorporationTEAMStock153.68 USDMarket closedtoday -16.15%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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