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Atlassian's stock has doubled in the last year - but its president says the Australian tech company has lots of room to grow

7 monthes ago   |   By

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In the wake of Atlassian's latest earnings report, company president Jay Simons spoke with Business Insider.
Although its stock dipped Thursday, Atlassian has had a lot of good news lately - its share price nearly doubled in the last year, and its revenues are close to hitting $1 billion on an annual basis.
Simons touted the Australian software giant's growth prospects and the way it's finding new customers.
Australian software giant Atlassian, known for its popular collaboration tools, including Jira, Confluence, and HipChat, is on something of a tear.
Its stock has nearly doubled...
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Aussie tech giant Atlassian takes a stock hit after reporting a $47.3 million write-off thanks to Trump's tax plan

Aussie tech giant Atlassian takes a stock hit after reporting a $47.3 million write-off thanks to Trump's tax plan

7 monthes ago   |   By

Atlassian
Australian software giant Atlassian took a $47 million hit to its bottom line thanks to changes in tax rates brought under the new tax law.
The company's stock fell nearly 5% on the news.
The charge and stock drop marred an otherwise strong quarterly report.
The new tax law was designed to help corporations. But Atlassian's bottom line and stock price took hits on Thursday because of it.
The Australian software giant, which makes Jira and HipChat, announced a $65 million loss for its most recent quarter thanks in part to a one-time charge related to the tax rate changes in the...
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