Asana, Inc. (ASAN) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.06, delivering a surprise of 25%.Over the last four quarters, the company has surpassed conse ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________ FORM 10-Q ___________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Numb ...

Exhibit 99.1 Asana Announces Second Quarter Fiscal 2025 Results Record multi-year deals signed Delivered $15.9M in operating cash flow and $12.8M in free cash flow Customers spending $100,000 or more on an annualized basis grew 17% year over year September 3, 2024 – San Francisco, CA – Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its second quarter fiscal 2025 ended July 31, 2024. "In Q2, Asana continued to execute on our enterprise transitio ...

AndreyPopov Asana (NYSE:ASAN) was a prime example of the exuberance of 2021 and the eventual bust in the stock prices that followed shortly after. In hindsight, many don't consider the correction in general market during that time as anything significant as stock market rebounded to all time highs within a short timeframe. But there are a lot of names that are still trading around all time lows (I find ARKK to be good proxy to measure this phenomena) Data by YChartsWhile I think many such names may never ...

Kimberly White Asana (NYSE:ASAN) is one of the few tech stocks which still trades around the same levels as the 2022 tech crash. The company has seen growth disappear as customers sought to limit IT expenses amidst the higher interest rate environment and rise of generative AI. Management believes that they are seeing encouraging signs of a reversal, making ASAN a unique software business with high torque to an improving macro environment. The company has a net cash balance sheet and management expects to g ...

Morsa Images/DigitalVision via Getty Images While AI-powered tech stocks have fueled the market rally to new all-time highs, there are a number of significant holdouts, especially among small and mid-cap software stocks. It's these more overlooked plays, in my opinion, that deserve our attention as we look to brace our portfolios for a potential correction. Asana (NYSE:ASAN), in particular, bears mentioning. The workflow and collaboration software platform, founded by Facebook co-founder Dustin Moskovit ...

Share buyback announcements are becoming commonplace, as many companies that have earned excess profits are looking for a place to invest their windfalls. For software company Asana (NYSE:ASAN), today’s announcement that the company will be buying back $150 million of its own stock has sent its share price surging. At the time of writing, ASAN stock is up about 15% on this news.The company’s board of directors has approved this stock repurchase program, which will run through the end of the month. According ...

SAN FRANCISCO, June 11, 2024 (GLOBE NEWSWIRE) -- Today, Meltwater, a global leader of media, social, and consumer intelligence, and The Work Innovation Lab, a think tank by #1 AI work management platform Asana, released the State of Marketing Collaboration, a new report revealing only 39% of marketers are confident their department's goals are aligned with overall business objectives. Despite 74% of marketing teams being seen as strategic partners, more than a quarter (27%) of marketers feel disconnected fr ...

Don't underestimate Asana's growth potential.Asana (ASAN -1.76%) continues progressing steadily, improving margins and cash flow. Now that artificial intelligence tools are rolling out, the company could be well positioned to improve operations, as Travis Hoium discusses in the video below.*Stock prices used were end-of-day prices of June 4, 2024. The video was published on June 4, 2024. ...

Asana, Inc. (NYSE:ASAN) Q1 2025 Earnings Conference Call May 30, 2024 4:30 PM ET Company Participants Catherine Buan - Head, Investor Relations Dustin Moskovitz - Co-Founder & Chief Executive Officer Anne Raimondi - Chief Operating Officer & Head of Business Tim Wan - Chief Financial Officer Conference Call Participants Rob Oliver - Baird George Iwanyc - Oppenheimer Brent Bracelin - Piper Sandler Jackson Ader - KeyBanc Capital Markets Josh Baer - Morgan Stanley Michael Funk - Bank of America Taylor McGinnis ...