4 hours Ago By GuruFocus.com
In This Article: Release Date: January 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript . Positive Points Negative Points Q & A Highlights Q : How does Atlassian plan to increase penetration in larger enterprise accounts, and what are the key product areas for growth? A : Joe Binz, CFO, highlighted that Atlassian had a strong Q2 in the enterprise segment, driven by broad-scale growth across products like Jira. The company is focusing on connecting business and technology teams, which offers significant growth potential.
Atlassian's go-to-market strategy involves evolving its sales motions to enhance customer success, with a record number of $1 million deals indicating strong momentum. Q : Can you provide an update on Rovo's adoption and its impact on developer workflows? A : Joe Binz, CFO, noted that Rovo is in the early stages of adoption, with positive feedback from customers. Atlassian Intelligence features, including Rovo, have surpassed 1 million monthly active users, driving significant growth in premium and enterprise editions.
The company continues to invest in AI and R&D to enhance features like auto dev, which are expected to improve developer productivity..
.jpg)