Shares of Atlassian Corp (NASDAQ: TEAM) are falling in after-hours trading following the release of the company's fiscal third-quarter results. In Q3, Atlassian reported revenue of $1.36 billion, surpassing analyst estimates of $1.35 billion. The company's adjusted earnings for the quarter were 97 cents per share, surpassing analyst expectations of 87 cents per share. Total revenue increased by 14% compared to the previous year, with Cloud revenue showing a 25% year-over-year growth. Atlassian also generated $652.7 million in cash flow from operations and $638.3 million in free cash flow during the quarter.