Shares of IT project management software company, Atlassian (NASDAQ:TEAM) fell 15.4% in the afternoon session after the company reported second-quarter earnings results and provided a mixed outlook for the coming quarters. In a letter to shareholders, management expects more unpredictable decisions from customers migrating to the cloud following the server end-of-support in February 2024. It added, "While some of the remaining Server customers will migrate to Cloud, the majority will migrate to
Operator: Greetings, and welcome to the Microsoft Fiscal Year 2024 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.