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AAP
AAP
Derek Rose

SHOCKING: Tech giant s shares slide after software mageddon - What They Never Told You

Atlassian has reported six consecutive quarters of losses but CEO Mike Cannon-Brookes is upbeat. (Susie Dodds/AAP PHOTOS)

Atlassian is "building a bloody great business", its founder says, as its US market stock falls to a seven-year low amid growing losses and a wider software sector sell-off.

The Sydney-quartered software company delivered $US1.6 billion ($A2.3 billion) in revenue in the three months to December 31, up 23 per cent from a year ago and ahead of expectations.

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