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$ASAN (+14.2% pre) Asana's (NYSE:ASAN) Q1 Sales Beat Estimates, Stock Soars https://t.co/EuK32P9ybt
1/ Asana $ASAN Q1 Fiscal Year 2025 Results: Beats Earnings by ~25% & Beats Revenue expectations by ~2% Total Revenue: $172.4 MM, up 13% YoY, up 1% QoQ Net Income (Loss): $(63.7) MM, up 3% YoY, down 3% QoQ Shares up 13% after results https://t.co/ugjsJpytll
$ASAN | Post Market: +4 | Asana's Q1 Earning Report: Revenue hits $172.4M (+13% YoY), GAAP EPS at -$0.28! 👉 Financial Performance: ➡️ Total Revenue: $172.4 million, up 13% year over year. ➡️ GAAP Operating Loss: $66.2 million, 38% of revenues. ➡️ GAAP Net Loss: $63.7… https://t.co/orUm4raL1N
Asana has announced its first quarter fiscal 2025 results, reporting a revenue of $172.4 million, up 13% year-over-year and 1% quarter-over-quarter. The company beat earnings expectations by $0.02 and revenue expectations by approximately 2%. However, it guided Q2 EPS below consensus while keeping revenue guidance in line. For the full fiscal year 2025, Asana's EPS and revenue guidance remained in line with expectations. The GAAP operating loss was $66.2 million, representing 38% of revenues, and the GAAP net loss was $63.7 million, down 3% quarter-over-quarter. Following the earnings report, Asana's shares rose 13% in after-hours trading and 14.2% pre-market.