Mike Cannon Brooks, co -founder of the software company Atlantin Corporation, in Sydney, Australia, on December 6, 2023.

Lisa Marie Williams | Bloomberg | Getty Images

Atlantic Shares became 18 % after the software company blows up Wall Street’s second -quarter financial income and guidance expectations in the past.

The stock traded near the latest height of 52 weeks and has been running at its best day speed since November.

The adjusted revenue came at 96 cents per share, ahead of 76 cents per share presented by LSEG analysts. Atlantin reported $ 1.29 billion in income against an estimated $ 1.24 billion.

For the third quarter, Atlasin said it expects $ 1.35 billion revenue, which is higher than the $ 1.31 billion LSEG estimates and previous guidance.

During this period, Atlasin benefited from strong cloud and data center growth as more and more users turn to artificial intelligence solutions. It increased subscription revenue by 30 % over the past year. Atlasin also said it is now expected to have 26.5 % cloud growth for the financial year and 21.5 % data center growth.

“The pace we are seeing in the business reinforces our belief about the investment we are looking for in the business we are looking for,” said Joe Banz, the chief of finance. The key to the system is making the key strategic priorities. ” In the release of income.

The Australian company, known for the organization software tool trillo, has in recent years emphasized the race for artificial intelligence as well as the Migakap technology rivals. In 2023, the company Tap Openi To bring AI’s capabilities into its Jira and Confrontation. Last year, Atlasin started its Row AI assistant.

Morgan Stanley’s Keith Weiss referred to the back -to -back solid quarters in Atlantic Intelligence and 25 times a year, which caused the company to “join the upper acelone” best software companies for Generative A. –

“1 million [monthly active users] A united cloud platform for Atlasin Intelligence indicates strong production against Infusion with AI and improving enterprise motion investment. While the gap of diagnosis is tight [after hours]”We still see the opposite in the team,” he wrote in a Friday note.

Since the beginning of the year, shares have increased by about 30 %.



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