Atlassian posted gains in both revenue and net profit in its second-quarter results, but its shares fell 4 percent on worries about slowing cloud growth, SiliconAngle reported on Feb. 5 local time.

In the previous quarter, Atlassian recorded revenue of $1.586 billion and earnings per share of $1.22, far above market forecasts of $1.21 billion and $0.73. The number of customers generating more than $10,000 a year in cloud revenue rose to 55,369.

On the same basis, new customers also increased 12 percent. Expansion of its AI platform Rovo also contributed to improved results. Atlassian CEO Mike Cannon-Brookes (마이크 캐넌-브룩스) emphasized, "Cloud revenue topped $1 billion, and Rovo monthly active users surpassed 5 million."

Atlassian forecast revenue of $1.689 billion to $1.697 billion for the current quarter and projected cloud revenue would grow 23 percent and data center revenue 33.5 percent.

On an annual basis, it projected revenue growth of 22 percent, with cloud up 24.3 percent and data center up 20 percent. But as cloud revenue growth slowed to 23 percent from 26 percent a year earlier, concerns are emerging among investors, SiliconAngle reported.