ASAN Stock Recent News

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced the appointment of Sonalee Parekh as Chief Financial Officer, effective September 11, 2024. Parekh will succeed Tim Wan, who has served in the role since 2017. Wan will remain with the company in an advisory position to support the transition. Parekh brings more than 25 years of experience in the technology and banking sectors to Asana, having previously held executive finan.

SAN FRANCISCO--(BUSINESS WIRE)--Asana (NYSE: ASAN)(LTSE: ASAN), the #1 AI work management platform, has been named a Leader in the Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting (APMR). Asana was recognized for its Ability to Execute and Completeness of Vision among the 13 evaluated vendors. Today, every company is looking for a smarter way to manage work and collaborate more effectively across teams. Asana's work management capabilities, underpinned by its proprietary W.

Asana beat estimates in Q2, but guidance disappointed. The company lowered its full-year revenue forecast.

Asana Inc ASAN shares tanked in early trading on Wednesday, even after the company reported upbeat second-quarter results.

Asana, Inc. (NYSE:ASAN ) Q2 2025 Earnings Call Transcript September 3, 2024 4:30 PM ET Company Participants Catherine Buan - Head of IR Dustin Moskovitz - Co-Founder and CEO Anne Raimondi - COO and Head of Business Tim Wan - CFO Conference Call Participants Taylor McGinnis - UBS Josh Baer - Morgan Stanley George Iwanyc - Oppenheimer Rich Magnus - Wolfe Research Michael Funk - Bank of America Brent Thill - Jefferies Jackson Ader - KeyBanc Capital Markets Patrick Walravens - Citizens JMP Operator Good day and thank you for standing by. Welcome to the Asana's Second Quarter Fiscal Year 2025 Earnings Call.

Shares of Asana fell after the company projected third-quarter results that missed Wall Street's estimates and lowered the high end of its full-year outlook.

Asana was part of the 2021 euphoria in the stock market and experienced a meteoric rise and fall in stock prices. Its stratospheric growth rates were never sustainable but its growth seems have stabilized and operational costs are starting to be reined in. Despite the challenges, Asana's platform remains relevant in today's environment, focusing on enhancing productivity and collaboration for remote teams.

SAN FRANCISCO--(BUSINESS WIRE)--Today, Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), the #1 AI work management platform that helps organizations of all sizes connect work to goals, announces their commitment to pursuing FedRAMP (Federal Risk and Authorization Management Program) authorization in order to serve the complex needs of enterprises in regulated industries. Organizations in healthcare, financial services, and government agencies are challenged to meet strict compliance, security, and privacy.

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), the #1 AI work management platform, today published its fiscal year 2024 (FY24) Environmental, Social, and Governance (ESG) report. The report highlights Asana's continued progress on key ESG commitments, furthering the company's position as a leader in workplace culture, product vision, and responsible business practices. Asana's ESG website also highlights the innovative use of AI. Leveraging an AI ESG bot, conversant with.

Asana has underperformed along with the software sector due to slowing top-line growth. Customers have held back headcount growth amidst the higher interest rate environment. The company has a large net cash position and is targeting a second half acceleration in growth rates.