ASAN Stock Recent News

Asana (ASAN) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

Asana is a top performer in the work management solutions sector with impressive revenue growth and high customer retention rate. The company's innovative features, high gross profit margins, and seamless integration with third-party applications position it as a leader in the industry. Despite challenges such as single-product focus and profitability concerns, Asana's proactive approach and competitive valuation make it well-positioned for future growth.

Asana (ASAN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Asana (ASAN) opens an office in Warsaw, with the aim of bringing a new batch of smart and competent workers to its EMEA operations.

Project management and work collaboration software-as-a-service (SaaS) provider Asana Inc. NYSE: ASAN reported top and bottom line estimate beats and raised its Q4 guidance on its Q3 2023 earnings report. Investors expected a price gap up-and-go reaction to the strong report but instead were treated to a 20% stock price collapse.

Asana easily beat revenue and earnings estimates with its fiscal third-quarter report. The work management software company also raised its full-year outlook.

Shares of Asana Inc. (ASAN) plunged 16% Wednesday as the maker of work management software warned that the company is facing difficult economic times as customers limit their spending.

Asana, Inc. (NYSE:ASAN ) Q3 2024 Earnings Conference Call December 5, 2023 4:30 PM ET Company Participants Catherine Buan - Head of Investor Relations Dustin Moskovitz - Co-Founder and Chief Executive Officer Anne Raimondi - Chief Operating Officer and Head of Business Tim Wan - Chief Financial Officer Conference Call Participants Josh Baer - Morgan Stanley Alex Zukin - Wolfe Research Taylor McGinnis - UBS Pat Walravens - JMP Securities George Kurosawa - Citi Chris Fountain - RBC Capital Markets Brent Thill - Jefferies Operator Thank you for standing by, and welcome to Asana's Third Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

For the quarter, Asana posted revenue of $166.5 million, up 18% from a year earlier,

Asana Inc shares sank as much as 9% in Tuesday's after-hours session after the work management platform's third quarter fiscal 2024 financial results exceeded expectations, but investors punished its stock following another quarterly loss.   The company reported a 3Q adjusted net loss of $0.04 a share on revenue that rose 18% year over year to $166.5 million.