Atlassian Reports Revenue Growth Amid Stock Slide

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.