Atlassian beats top and bottom line FQ4 estimates
Atlassian press release (NASDAQ:TEAM): Q4 GAAP EPS of -$0.23  beats by $0.19.
Revenue of $939M (+23.6% Y/Y)  beats by $22.95M.
Shares +2%.

Quarterly subscription revenue of $800 million, up 34% year-over-year
Quarterly GAAP operating margin of (5)% and non-GAAP operating margin of 22%
Quarterly cash flow from operations of $273 million and free cash flow of $270 million


First Quarter Fiscal Year 2024 Outlook:

Total revenue is expected to be in the range of $950 million to $970 million. (vs. consensus $950.96M)
Cloud revenue growth year-over-year is expected to be in the range of 25% to 27%.
Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a non-GAAP basis.
Operating margin is expected to be approximately (8.5%) on a GAAP basis and approximately 19.5% on a non-GAAP basis.

Fiscal Year 2024:

Cloud revenue growth year-over-year is expected to be in the range of 25% to 30%.
Gross margin is expected to be approximately 81.0% on a GAAP basis and approximately 83.5% on a non-GAAP basis.
Operating margin is expected to be approximately (8.0%) on a GAAP basis and approximately 18.5% on a non-GAAP basis