Brief: Asana Announces $150 Million Stock Repurchase Program

Asana

20/06/2024 21:57

Asana Inc  ASAN.N :
    * ASANA ANNOUNCES $150 MILLION STOCK REPURCHASE PROGRAM
    * ASANA TO REPURCHASE UP TO $150 MILLION OF ITS CLASS A
COMMON
STOCK THROUGH JUNE 30, 2025
    * REAFFIRMS PREVIOUSLY PROVIDED GUIDANCE, OTHER THAN NET
LOSS PER
SHARE DUE TO RECENCY OF REPURCHASE PROGRAM, FOR Q2 AND FY 2025
    * FOR Q2 OF FISCAL 2025, EXPECTS NON-GAAP OPERATING LOSS OF
$23.0
MILLION TO $21.0 MILLION
    * FOR FULL YEAR FISCAL 2025, EXPECTS NON-GAAP OPERATING LOSS
OF
$59.0 MILLION TO $55.0 MILLION
    * FY2025 REVENUE VIEW $723.2 MILLION -- LSEG IBES DATA
    * Q2 REVENUE VIEW $177.7 MILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nBw1lkbKja 
Further company coverage:  ASAN.N