Atlassian beats Q3 earnings estimates, raises full-year revenue forecast to 24%.

Atlassian reported stronger-than-expected Q3 fiscal results with revenue up 32% year-over-year to $1.79 billion and adjusted EPS of $1.75, beating estimates. The company raised its full-year revenue growth forecast to 24%, driven by strong cloud adoption and enterprise customer expansion. Despite a GAAP operating loss due to restructuring charges, non-GAAP operating margin improved to 34%. Atlassian's CEO highlighted growth in AI-enabled platforms and the Service Collection surpassing $1 billion in annual recurring revenue, signaling robust future growth prospects.