00:00 Speaker A

Atlassian, a software company that is roaring back by 34% today. The company’s fourth quarter revenue was up by 28%, better than had anticipated and the company’s first quarter forecast is for revenue of at least $1.71 billion. Analysts have been looking for $1.67 billion, so better than estimated. Cloud revenue in the first quarter, fiscal first quarter are going to be 28 and a half% growth. Um and that’s after it saw 31% growth in the quarter that just passed.

00:30 Speaker A

A Jeffries analyst Brent Thill has been a long time bull on this name. He raised his price target after the earnings to $200 from 150, and he says, he pointed out that Atlassian just signed its biggest deal ever with one of…