Atlassian says customers unlikely to reduce spending as the software maker surpasses revenue expectations

Atlassian shares rose as much as 12% after the collaboration software maker disclosed more quarterly revenue than analysts had expected, while meeting consensus on earnings.

Here’s how the company did:

• Earnings: 27 cents per share, adjusted, vs. 27 cents per share as expected by analysts, according to Refinitiv.
• Revenue: $760 million, vs. $724 million as expected by analysts,…