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

Asana

05/09/2023 22:02

* Asana Inc  ASAN.N  reported a quarterly adjusted loss of 4
cents​​ per share for the quarter ended in July. The mean
expectation of fifteen analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue rose 20.4% to $162.46 million from a year ago;
analysts
expected $157.91 million. 
    * Asana Inc's reported EPS for the quarter was a loss of 33
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
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 fallen by 1.9% this quarter and
gained 57.1% so far this year.
    * The company reported a quarterly loss of $71.41 million.
    * Wall Street's median 12-month price target for Asana Inc
is
$24.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 5 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      -0.11          -0.04          Beat
 Apr. 30 2023      -0.18          -0.09          Beat
 Jan. 31 2023      -0.27          -0.15          Beat
 Oct. 31 2022      -0.32          -0.26          Beat