Atlassian’s stock has been hit hard in the “SaaS-pocalypse” sweeping software names as AI threatens to disrupt their business models.
Atlassian shares jumped more than 20% on Friday after the software company topped Wall Street’s expectations for the fiscal third quarter, reporting strong cloud growth and data center revenue.
Here’s how the company did compared with LSEG estimates:… [2647 chars]
Source: CNBC | Published: 2026-05-01T13:57:59Z
Credit: CNBC
