Revenue segments as reported by the company.

United States

International

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and Development

Sales and Marketing

General and Administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Asana

Asana, Inc. engages in developing a work management platform that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. Its workflow solutions include project management, goal management, task management, Kanban boards, Excel project management, PRINCE2 methodology, and project planning. The company was founded by Dustin Moskovitz and Justin Michael Rosenstein on December 16, 2008 and is headquartered in San Francisco, CA.

Earnings data Q3 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Asana, Inc. engages in the business of developing a work management platform that helps organizations orchestrate work from daily tasks to cross-functional strategic initiatives. The company was founded by Dustin Moskovitz and Justin Michael Rosenstein on December 16, 2008 and is headquartered in San Francisco, CA.

ACM Research

Coinbase

U.S. Treasury Secretary Janet Yellen recently expressed optimism about the U.S. economy, stating that she sees no immediate signs of an impending downturn. Yellen acknowledged that while the labor market remained strong, it was gradually cooling off from its previous high levels.

Hot Stocks: 3 Moonshot Bets Worth Taking Gamble On

Asana continues to disrupt work collaboration with its intuitive, mobile-optimized platform that drives team productivity. Revenue growth has decelerated but is still top tier in the SaaS space. Asana co-founder Dustin Moskovitz is personally injecting capital into the company, enabling the continuation of growth investments and providing a backstop.

Asana: The Growth Story Is Far From Over

Akamai Technologies

Workday

The so-called Magnificent Seven stocks have been leading the U.S. market this year, but now they look richly valued by many key measures — and they're crowded trades.

For better gains in tech stocks from here, look beyond the ‘Magnificent Seven.'

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced that it will hold an investor session beginning at 11:10am ET (8:10am PT) on Tuesday, October 3, as part of the Work Innovation Summit in New York City. Investors can register to attend the event in-person here. The live webcast and replay of the investor session will be available on the Asana Investor Relations website at https://investors.asana.com. About Asana Asana empow.

Asana to Hold Investor Day on October 3, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced that Asana's Chief Financial Officer, Tim Wan, will present at the following investor events: Citi's 2023 Global Technology Conference, September 7, 2023 at 12:15 p.m. PT / 3:15 p.m. ET Piper Sandler Growth Frontiers Conference, September 12, 2023 at 9:30 a.m. PT / 12:30 p.m. ET A live webcast will be available on Asana's website at https://investors.asana.com. About Asana A.

Asana to Present at Upcoming Investor Events

Asana beat estimates, but is still highly unprofitable on a GAAP basis. The company expects its loss to widen from Q2 to Q3.

Why Asana Stock Flopped Today

GitLab

Manchester United

Photronics

Zscaler

GitLab Inc (NASDAQ:GTLB) shares rose more than 5% in early deals after the coding community firm posted an adjusted fiscal second-quarter profit when analysts called for a loss. Revenue jumped 38% year-over-year to $139.6 million, compared to expectations of $129.8 million.

Premarket: GitLab, Photronics, Zscaler, Asana, Manchester United,

Asana, Inc. (NYSE:ASAN ) Q2 2024 Earnings Conference Call September 5, 2023 4:30 PM ET Company Participants Catherine Buan - Head of Investor Relations Dustin Moskovitz - Co-Founder and Chief Executive Officer Anne Raimondi - Chief Operating Officer and Head of Business Tim Wan - Chief Financial Officer Conference Call Participants Andrew DeGasperi - Berenberg Steve Enders - Citi George Iwanyc - Oppenheimer Jackson Ader - MoffettNathanson Alex Zukin - Wolfe Research Josh Baer - Morgan Stanley Robert Simmons - D.A. Davidson Patrick Walravens - JMP Securities Brent Thill - Jefferies Operator Thank you for standing by, and welcome to Asana's Second Quarter Fiscal Year 2024 Earnings Call.

Asana, Inc. (ASAN) Q2 2024 Earnings Call Transcript

Asana, Inc. (ASAN) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.34 per share a year ago.

Asana, Inc. (ASAN) Reports Q2 Loss, Tops Revenue Estimates

Asana shares posted better-than-expected second quarter fiscal 2024 earnings and revealed an improved outlook for the full year after the closing bell on Tuesday. For the quarter ended July 31, 2023, the work management tool reported revenue of $162.5 million, up 20% year-over-year and ahead of Asana's revenue guidance range of $157.5 million to $158.5 million.

Asana 2Q earnings top expectations; full year outlook boosted

Asana Inc.'s ASAN, +0.05% stock initially advanced 4.5% in extended trading Tuesday after the work-management platform provider reported quarterly results that topped analyst revenue and earnings estimates. Asana reported a fiscal second-quarter net loss of $71.4 million, or 33 cents a share, compared with a net loss of $112.9 million, or 59 cents a share, in the year-ago quarter.

Asana's stock rises on revenue, earnings beat

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its second quarter fiscal 2024 ended July 31, 2023. “Asana's Q2 results beat expectations on the top and bottom line. Revenue growth was better than our guidance, operating margin improved 37 percentage points, and we posted positive free cash flow,” said Dustin Moskovitz, co-founder and chief executive officer of Asana. “In Q2, we continued to expand ou.

Asana Announces Second Quarter Fiscal 2024 Results

Asana Inc is expected to report results that are in line with its own guidance as well as analysts' expectations when it releases its second-quarter report after the closing bell on Tuesday, September 5. The work management platform has already guided investors to expect revenue of $157.5 million to $158.5 million for the three months to July 31, 2023.

Asana unlikely to surprise the market with in-line 2Q earnings

monday.com

ServiceNow

NVIDIA

Snowflake

Zoom Video

Enterprise software stocks have been beaten up badly over the last year. Fears of slowing growth, high valuations, and looming recession have all played a part.

Here are 5 Beaten Up Enterprise Software Stocks Ready to Rebound

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform, today released The State of AI at Work Report, powered by insights from its Work Innovation Lab. The report underscores the growing role of artificial intelligence (AI) in the workplace, revealing that 36% of employees in the United States (U.S.) and United Kingdom (U.K.) now use AI at work at least weekly. Workers embrace AI as a strategic tool Employees are recognizing AI's strategic val.

Asana's State of AI at Work Report: AI is poised to dramatically improve the way we work, but proper guidance is needed

Asana Inc. ( ASAN , Financial) is a software company that has created one of the world's leading work management platforms, attracting customers like Meta Platforms ( META , Financial), Alphabet's ( GOOG , Financial) Google, Uber ( UBER , Financial) and many more.

Asana: Insiders Are Buying This Growth Stock

Forward Air

Mercury Systems

When it comes to investing, we're all looking for that edge to get in early on the next big stock before it takes off. As outside investors, we sometimes feel at an information disadvantage compared to company insiders.

3 Stocks Insiders Are Snapping Up Like Crazy

SAN FRANCISCO--(BUSINESS WIRE)--Today Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced intelligent product capabilities that revolutionize how PMO teams drive strategic alignment and build smarter enterprise processes that scale. These advancements are made possible by Asana's Work Graph®, the most complete, connected, and scalable network of organizational data. PMO leaders are the backbone of how organizations run. With the explosion of data across tools, PM.

Asana Fuels Productivity for Enterprise Program Management Offices Through the Power of Artificial Intelligence

Asana shares have performed quite well as of late, with their value up about 52% since the start of the year. Despite sky-high gross margins, I find somewhat worrying that the company is still generating very negative cash from operations. The company is also not very shareholder-friendly, given that it is diluting its shares very aggressively year over year.

Asana: Still Losing Money And Still Too Expensive

SAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading enterprise work management platform, is pleased to announce the hiring of Ed McDonnell to its leadership team. As Chief Revenue Officer, McDonnell will be responsible for all facets of global revenue and field operations. “We are thrilled to welcome Ed to our leadership team at Asana,” said Anne Raimondi, COO and Head of Business at Asana. “Ed has an incredible track record and reputation within the software industry. He has built and scaled high.

Asana Appoints New Chief Revenue Officer, Ed McDonnell

SAN FRANCISCO--(BUSINESS WIRE)--Asana Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, has been recognized with the Gartner Peer Insights Customers' Choice distinction, denoted with a Customers' Choice badge. This recognition was only given to vendors who meet or exceed both the market average “Overall Experience” and “User Interest and Adoption” criteria set by the analyst firm. “At Asana, we believe that the greatest achievements are made together. When tea.

Asana Recognized with a Customers' Choice Distinction in Gartner® Peer Insights™ for Collaborative Work Management

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, announced today that it will release financial results for the second quarter fiscal year 2024 on Tuesday, September 5, after the close of the U.S. markets. In conjunction with the announcement, the company will host a webcast on the same day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the financial results. The live webcast and replay will be available o.

Asana to Announce Second Quarter Fiscal Year 2024 Financial Results on Tuesday, September 5, 2023

Many analysts have not been impressed with Asana's revenue growth and profitability compared to its valuation. Management is making progress in controlling costs and improving margins.

Asana: A Good Company, but Not a Great Stock

Insider buying is often seen as a key bullish signal for a stock. Compared to the general public, insiders such as the CEO and chief financial officer have access to much more extensive and up-to-date information on the operations of their company and its prospects for the future.

Why Asana's CEO Keeps Loading Up on Shares

Apple

Axonics ModulationTechnologies Inc

Butterfly Network

Celsius Holdings

Cisco Systems

D.R. Horton

Enphase Energy

Intel

Jiayin Group Inc - ADR

JPMorgan Chase & Co

Coca-Cola

Microsoft

NIKE

Procter & Gamble

Super Micro Computer

UnitedHealth Group

Two new Breakout Stocks for Week 29 with better than 10% short-term upside and a Dow 30 Pick. Average cumulative returns for 2023 are at +126.4% YTD. Last week 3 out of 4 picks gained over 13.4% with peak gains in KODK +23.8%, SMCI +19.2%, YMM +13.4%. The S&P 500 gained +2.4%. The streak of weekly picks gaining over 10% in less than a week has reached 254 out of 320 trading weeks (79.3%) not considering multiple gainers or negative MG signals.

News for Asana Stock (ASAN)