BUZZ-Atlassian rises after upbeat revenue forecast

Shares of enterprise software developer Atlassian Corp TEAM.O up 16.5% at $312 in after-hours trading

TEAM sees Q3 revenue between $1.345 bln and $1.353 bln, while analysts expect $1.31 bln, according to data compiled by LSEG

Raises FY2025 revenue growth forecast to range from 18.5% to 19%, up from prior projection of 16.5% to 17%

Posts Q2 revenue of $1.29 bln vs estimate of $1.24 bln

TEAM gained 2.3% in 2024