Atlassian has announced its fourth quarter and fiscal year 2024 results, reporting a total revenue of $1.1316 billion for the fourth quarter, a 20% increase from $939.1 million in the same period last year. The company reported a net loss of $196.9 million for the quarter, compared to a net loss of $59.0 million in the previous year. Despite beating earnings per share (EPS) estimates by $0.08, with an EPS of $0.66 against the expected $0.60, Atlassian's stock fell 16.3% in after-hours trading and 14% overall. The company also provided guidance for the first quarter of fiscal year 2025, projecting revenues between $1.149 billion and $1.157 billion, below the consensus estimate of $1.6 billion. Atlassian cited an uncertain macro environment and a transition in sales leadership as key factors for the weaker outlook. Additionally, Atlassian achieved FedRAMP “In Process” designation and launched Rovo, an AI-powered teammate for data insights. Key metrics include free cash flow of $555 million, cloud revenue of $703 million, and data center revenue of $364 million. For fiscal year 2025, Atlassian forecasts annual revenue of $5.06 billion, below the estimate of $5.14 billion.