Atlassian Corp Files 8-K on Financials and Events

Ticker: TEAM · Form: 8-K · Filed: 2024-10-31T00:00:00.000Z

Sentiment: neutral

Topics: financial-results, corporate-events, sec-filing

Related Tickers: TEAM

TL;DR

ATLASSIAN FILED AN 8-K ON 10/31/24 COVERING FINANCIALS & OTHER EVENTS.

AI Summary

Atlassian Corporation filed an 8-K on October 31, 2024, reporting on its results of operations and financial condition, other events, and financial statements and exhibits. The filing details information related to the company's performance and significant corporate events for the period ending October 31, 2024.

Why It Matters

This 8-K filing provides investors with crucial updates on Atlassian's financial health and any significant corporate actions, impacting investment decisions.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of financial results and events, not indicating any immediate or unusual risks.

Key Players & Entities

FAQ

What specific financial information is being reported in this 8-K?

The 8-K filing indicates it covers 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits', suggesting a report on the company's financial performance and related documentation.

What is the exact date of the earliest event reported in this filing?

The exact date of the earliest event reported is October 31, 2024.

Where are Atlassian Corporation's principal executive offices located?

Atlassian Corporation's principal executive offices are located at 350 Bush Street, Floor 13, San Francisco, California 94104.

What is the SEC File Number for Atlassian Corporation?

The SEC File Number for Atlassian Corporation is 001-37651.

Does this filing mention any 'Other Events'?

Yes, the filing explicitly lists 'ITEM INFORMATION: Other Events' as a category being reported.

Filing Stats: 965 words · 4 min read · ~3 pages · Grade level 10.8 · Accepted 2024-10-31 16:10:39

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On October 31, 2024, Atlassian Corporation (the " Company ") issued a press release announcing its results for the quarter ended September 30, 2024 (the " Press Release "). A copy of the Press Release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. The Company also published a letter to its shareholders announcing its financial results for the quarter ended September 30, 2024 (the " Shareholder Letter "). The full text of the Shareholder Letter is attached as Exhibit 99.2 to this current report on Form 8-K and is incorporated by reference herein. The information in this Item 2.02, including Exhibit 99.1 and Exhibit 99.2, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

01. Other Events

Item 8.01. Other Events. On October 31, 2024, the Company announced, as part of the Press Release, the appointment of Brian Duffy as Chief Revenue Officer, effective January 1, 2025. Mr. Duffy is a visionary leader with nearly two decades in the technology industry and brings extensive experience in sales transformations. Mr. Duffy held various senior operating roles for 18 years at SAP SE (" SAP "), including serving most recently as President of Cloud, where he launched, built and scaled RISE with SAP,' a key strategic initiative to move customers to the cloud. Mr. Duffy previously served as SAP's President of Northern Europe, with responsibility for the region's end-to-end business, including overseeing go-to-market planning, sales strategies and partner engagements. More recently, Mr. Duffy has served as Chief Executive Officer of SoftwareOne Holding AG, a leading global software and cloud solutions provider, where he set the company up for its next phase of growth and deepened relationships with customers and partners. Mr. Duffy holds a Bachelor of International Law from University College Dublin and a Master of Laws from the University of Illinois Chicago School of Law. On October 31, 2024, the Company also announced, as part of the Press Release, that its Board of Directors authorized a program to repurchase up to $1.5 billion of the Company's Class A Common Stock, to commence upon the completion of our existing $1.0 billion program (the " 2024 Share Repurchase Program "). The Company may repurchase shares of Class A Common Stock from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act, in accordance with applicable securities laws and other restrictions. The 2024 Share Repurchase Program does not have a fixed expiration date, may be suspended or discontinued at any time, and does not obligate the Company

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated October 31, 2024 . 99.2 Shareholder Letter dated October 31 , 2024 . 104 Cover Page Interactive Data File (formatted as Inline XBRL).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATLASSIAN CORPORATION Date: October 31, 2024 By: /s/ Joseph Binz Joseph Binz Chief Financial Officer

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