ASAN News and Press, Asana Inc. Class A From 12/20/22

Summary Asana shares have plummeted since reporting Q3 results and issuing lackluster guidance for Q4 in early January. Shares are down more than 80% year to date, taking the former high-flying stock down to bargain-basement valuation multiples. The company has cited macro condition...

Summary Atlassian's stock is likely to pop if interest rates only increase by 50 basis points. Atlassian's growth rates are already slowing down. And I suspect that its CAGR will slow down further in 2023. A discussion of Atlassian's profit margins looking ahead to 2023. I...

Summary Stock-based compensation or SBC is a heated issue, many Wall Street analysts outright dismiss SBC as a concern, while others lament the culture of self-rewarding and dilution at shareholders' expense. SBC is a valuable tool for employee retention when used appropriately; however...

Asana ( NYSE: ASAN ) stock price plunged to the lowest level on record after the company published a weak forward guidance. It crashed to a low of $15.60, which was about 90% below its all-time high. As a result, the company’s market cap plunged to a low of $3.83 billion. Asana wea...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Rigel Pharmaceuticals (NASDAQ: RIGL ) stock is heading higher on Friday after getting approval from the U.S. Food and Drug Administration (FDA) for its leukemia treatment. Specifically, the ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why would Asana (NYSE: ASAN ) stock fall fast despite an earnings beat? That’s the billion-dollar question today, and the answer has to do with Asana’s current-quarter and full-year fiscal outlook. Apparently,...

Third quarter revenue growth up 41% year over year Revenues from customers spending $5,000 or more on an annualized basis grew 52% year over year Customers spending $100,000 or more on an annualized basis grew 78% year over year Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a l...

Asana recognized for goal-oriented approach that drives greater enterprise adoption Today Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organizations, was named a Leader by independent research firm Forrester in its report: The Forrester...

Summary Shares of Asana have lost more than 75% of their market value since the start of the year. Growth rates have remained impeccable, above 50% y/y for the July quarter, though analysts have already started pricing in weak read-through from other SaaS names. CEO Dustin Mos...

Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, announced today that it will release financial results for the third quarter of fiscal year 2023 on Thursday, December 1, after the close of the U.S. markets. In conjunction with the announce...