ASAN - Asana Non-GAAP EPS of -$0.15 beats by $0.12 revenue of $150.2M beats by $5.08M

2023-03-08 16:14:30 ET

• Asana press release ( NYSE: ASAN ): Q4 Non-GAAP EPS of -$0.15 beats by $0.12 .
• Revenue of $150.2M (+34.2% Y/Y) beats by $5.08M .
• Financial Outlook
• For the first quarter of fiscal 2024, Asana expects:
• Revenues of $150.0 million to $151.0 million VS $150.29M consensus, representing year over year growth of 24% to 25%.
• Non-GAAP operating loss of $40.0 million to $38.0 million.
• Non-GAAP net loss per share of $0.19 to $0.18 vs -$0.23 consensus, assuming basic and diluted weighted average shares outstanding of approximately 215 million.
• For fiscal year 2024, Asana expects:
• Revenues of $638.0 million to $648.0 million vs $645.91M consensus, representing year over year growth of 17% to 18%.
• Non-GAAP operating loss of $130.0 million to $120.0 million.
• Non-GAAP net loss per share of $0.59 to $0.55 vs -$0.80 consensus, assuming basic and diluted weighted average shares outstanding of approximately 219 million.

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