By Tess Bennett
Publication Date: 2026-04-30 21:09:00
Atlassian CEO Mike Cannon-Brookes says the software giant is focused on achieving profitability and ending a decade of losses as a publicly traded company, buoying investors with news that the company won business from competitors despite fears that AI would hurt its growth.
The stock staged a remarkable comeback on Friday, rising 24 percent to $84.97 in after-hours trading on Wall Street after it released its quarterly financial report in which revenue and adjusted profit came in above expectations.
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