Asana Inc reports results for the quarter ended April 30 - Earnings Summary

Asana

03/06/2025 22:01

Asana Inc ASAN.N reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -6 cents.  The mean expectation of fifteen analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 1 cents to 2 cents per share.

Revenue rose 8.6% to $187.27 million from a year ago; analysts expected $185.50 million.

Asana Inc's reported EPS for the quarter was a loss of 17 cents​.

The company reported a quarterly loss of $40.02 million.

Asana Inc shares had risen by 26.1% this quarter and lost 9.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 250.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the software peer group is  "buy."

Wall Street's median 12-month price target for Asana Inc is $14.50

This summary was machine generated from LSEG data June 3 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Apr. 30 2025
0.02
0.05
Beat
Jan. 31 2025
-0.01
0.00
Beat
Oct. 31 2024
-0.07
-0.02
Beat
Jul. 31 2024
-0.08
-0.05
Beat