Benzinga | Jan 28, 2021 04:07PM EST

Atlassian Sees Q3 Adj. EPS $0.20-$0.21 vs $0.25 Est., Sales $475M-$490M vs $472.08M Est.

Third Quarter Fiscal Year 2021:

* Total revenue is expected to be in the range of $475 million to $490 million.

* Gross margin is expected to be approximately 82% on an IFRS basis and approximately 84% on a non-IFRS basis.

* Operating margin is expected to be approximately (7%) on an IFRS basis and approximately 16% on a non-IFRS basis.

* Net loss per diluted share is expected to be in the range of ($0.15) to ($0.14) on an IFRS basis, and net income per diluted share is expected to be in the range of $0.20 to $0.21 on a non-IFRS basis.

* Weighted average share count is expected to be in the range of 250 million to 252 million shares when calculating diluted IFRS net loss per share and in the range of 255 million to 257 million shares when calculating diluted non-IFRS net income per share.