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

Asana

01/06/2023 22:02

* Asana Inc  ASAN.N  reported a quarterly adjusted loss of 9
cents​​ per share for the quarter ended in April. The mean
expectation of fifteen analysts for the quarter was for a loss
of 18 cents per share.
    * Revenue rose 26.3% to $152.41 million from a year ago;
analysts
expected $150.55 million. 
    * Asana Inc's reported EPS for the quarter was a loss of 28
cents​.
    * The mean earnings estimate of analysts had risen by
about 22.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Asana Inc shares had risen by 13.0% this quarter and
gained 73.4% so far this year.
    * The company reported a quarterly loss of $61.47 million.
    * Wall Street's median 12-month price target for Asana Inc
is
$22.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
1 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      -0.18          -0.09          Beat
 Jan. 31 2023      -0.27          -0.15          Beat
 Oct. 31 2022      -0.32          -0.26          Beat
 Jul. 31 2022      -0.39          -0.34          Beat