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Atlassian co-founders are $6b richer after earnings update

Tess Bennett

Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have added around $3.2 billion each to their wealth after the software company’s shares surged more than 23 per cent in after hours trading on Wall Street.

Shares in the Australian technology company shot higher after it reported better-than-expected full year results on Friday morning, brushing off concerns of a slowdown in technology spend.

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/atlassian-co-founders-are-6bn-richer-after-earnings-update-20230804-p5dtvf