TEAM

Dear Saul and all the smart people here
Have we looked at Atlassian?
Anecdotally, a guitar student of mine has said that this is a great company that is a go to company for software developers (which he is).
I looked briefly at this article on SeekingAlpha and it looks like they are growing revenue about 40% y/y as well as that they are a subscription service company. SAAS
This article from seeking out by even says the valuation is stretched a la Gary Alexander style writing
https://seekingalpha.com/article/4235763-atlassian-still-see…

Maybe 40% revenue growth is a Yawn here at this board compared to our other stocks

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I had a summary last October:

https://discussion.fool.com/atlassian-team-34046083.aspx

They had earnings the week before last, more of the same.

Rev. 299 (+39%)
gross margin 87%(vs 84%)
oper. margin 25% (vs 22%)

138 K customers ( up 23%)
*purchased opsgenie
*purchased butler for trello

guidance of 303-305 for the 3Q19
fy 2019 guidance of $1195-1199 M, up from 1175-1183, which was up from 1146-1154
fy 2019 FCF guidance of 370-380 M, up from 360-370, up from 330 360

Continued excellent performance.

Jim

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