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Atlassian Reports Revenue Growth Amid Stock Slide
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Atlassian reported $1.6 billion in revenue for the quarter to Dec. 31, up 23% year‑over‑year, while net loss widened to $42.6 million. Its Nasdaq shares fell to a seven‑year low after results amid a broader US software sell‑off sparked by AI agent concerns, and CEO Mike Cannon‑Brookes said thousands of customers use Atlassian’s AI code‑generation tools.
Scoring Rationale
Official quarterly figures and sector impact justify score; limited novelty and shallow analysis limit higher impact.
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