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ASAN News and Press, Asana Inc. Class A From 06/03/22

Stock Information

Company Name: Asana Inc. Class A
Stock Symbol: ASAN
Market: NYSE
Website: asana.com

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ASAN - Why Asana Stock Plunged Today

Shares of work-management software company Asana (NYSE: ASAN) fell on Friday after the company reported financial results for the first quarter of its fiscal year 2023. While results were better than expected, investors are presently avoiding cash-burning businesses, which is what A...

ASAN - Asana stock falls as analysts lower price targets following wider Q1 loss

Asana (NYSE:ASAN) stock has lost 12.1% to $21.20 in Friday morning trade, as several analysts lowered their price target on the software company following its Q1 2023 results. Friday's losses follow a 13.7% gain in the stock yesterday ahead of its quarterly report.  A...

ASAN - Asana stock drops ~11% as analysts raise concerns over cash burn, margin profile

Asana (NYSE:ASAN) shares have dropped ~11% after the software company announced its first-quarter results that failed to impress analysts who raised concerns over its margin profile and continued cash burn. The company generated adj. EPS of -$0.30 on revenue of $120.65M (+57.4% Y/Y)...

ASAN - Asana, JOANN, Talkspace among premarket losers' pack

JOANN (JOAN) -17% on Q1 earnings release. Boqii Holding (BQ) -10%. Asana (ASAN) -9% on Q1 earnings release. Avadel Pharmaceuticals (AVDL) -6% is collaborating with the American Academy of Sleep Medicine Foundation, to support its 2022 Young Investigators Research...

ASAN - Tracking Al Gore's Generation Investment Management Portfolio - Q1 2022 Update

Generation Investment Management's 13F portfolio value decreased from $24.33B to $21.84B this quarter. They increased Equifax, Clarivate Plc, Trane Technologies, Twilio, and Salesforce while reducing Dentsply Sirona & Sensata Technologies. The top three positions are Amazon.co...

ASAN - Asana, Inc. (ASAN) CEO Dustin Moskovitz on Q1 2023 Results - Earnings Call Transcript

Asana, Inc. (ASAN) Q1 2023 Results Conference Call June 2, 2022 4:30 PM ET Company Participants Catherine Buan - Head, Investor Relations Dustin Moskovitz - Co-Founder and CEO Anne Raimondi - Chief Operating Officer and Head, Business Tim Wan - Chief Financial Officer Conference Call Particip...

ASAN - Asana Non-GAAP EPS of -$0.30 beats by $0.06, revenue of $120.65M beats by $5.54M

Asana press release (NYSE:ASAN): Q1 Non-GAAP EPS of -$0.30 beats by $0.06. Revenue of $120.65M (+57.4% Y/Y) beats by $5.54M. Shares -2%. Q2 Guidance: Revenues of $127M to $128M, representing year over year growth of 42% to 43%, vs. consensus of $125.38M Non-GAAP operating loss of $74M to...

ASAN - Asana Announces Record First Quarter Fiscal 2023 Revenues

First quarter revenue grew 57% year over year Revenues from customers spending $5,000 or more on an annualized basis grew 73% year over year Customers spending $50,000 or more on an annualized basis increased to 979, up 102% year over year Asana, Inc. (NYSE: ...

ASAN - Carillon Eagle Small Cap Growth Fund Q1 2022 Commentary

The Carillon Family of Funds spans a range of investment objectives and asset classes designed for long-term investors. Small-cap stocks overall posted rather lackluster returns in the first quarter of 2022. Inflation and sharply higher gasoline prices have taken a chunk out of th...

ASAN - No Longer 'Priced for Perfection,' It's Time to Consider Asana Stock

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Asana ( ASAN ) stock currently trades lower than it did at its 2020 debut. Before, its high growth potential was factored heavily into its valuation; today it’s the opposite. Now out-of-favor, it may be a ...

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