TIL that 20-30% revenue growth year over year is underperforming.
Atlassian does >$1B/year in free cash flow. the GAAP losses are almost entirely stock-based comp, which is non-cash. the buyback exists specifically to offset that dilution.
> buybacks will reduce profit
wrong. its a balance sheet transaction. cash goes down, shares go down.
Atlassian does >$1B/year in free cash flow. the GAAP losses are almost entirely stock-based comp, which is non-cash. the buyback exists specifically to offset that dilution.
> buybacks will reduce profit
wrong. its a balance sheet transaction. cash goes down, shares go down.