Atlassian Non-GAAP EPS of $0.45 beats by $0.16, revenue of $873M beats by $23.55M
Atlassian press release (NASDAQ:TEAM): Q2 Non-GAAP EPS of $0.45  beats by $0.16.
Revenue of $873M (+26.8% Y/Y)  beats by $23.55M.
Quarterly subscription revenue of $711 million, up 40% year-over-year
Customer Growth: Atlassian ended its second quarter of fiscal year 2023 with a total customer count, on an active subscription or maintenance agreement basis, of 253,177 customers, adding 4,004 net new customers during the quarter.



Shares -10%.

Third Quarter Fiscal Year 2023:

Total revenue is expected to be in the range of $890 million to $910 million vs. $898.75M consensus
Gross margin is expected to be approximately 81% on a GAAP basis and approximately 84% on a non-GAAP basis.
Operating margin is expected to be approximately (14%) on a GAAP basis and approximately 15% on a non-GAAP basis.

Fiscal Year 2023:

Total revenue growth year-over-year is expected to be approximately 25%.
Cloud revenue growth year-over-year is expected to be in the range of 35% to 40%.
Operating margin is expected to be approximately (11%) on a GAAP basis and approximately 17% on a non-GAAP basis.