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AAP
AAP
Derek Rose

BIZARRE: Aussie tech firms shares soar on outstanding quarter - What They Never Told You

Atlassian United States George Chan Nasdaq Sydney
Atlassian's shares have surged after the software company beat revenue estimates. (George Chan/AAP PHOTOS)

Shares in billionaire Mike Cannon-Brookes' software company have surged after a record quarter for the US-Australian firm quelled fears about AI's impact on its business model.

Atlassian's Nasdaq-listed shares were up 32 per cent to $US146.21 in after-hours trading on Friday, their best level since January.

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