
Asana's revenue outlook for the third quarter of fiscal 2025 has fallen short of expectations, leading to a 13% decline in its share price. The company forecasts Q3 revenues between $180 million and $181 million, reflecting an 8% to 9% year-over-year growth, with a non-GAAP operating loss ranging from $18 million to $19 million. This guidance has resulted in a pre-market drop of 14.5% in Asana's stock. Additionally, Asana's full-year outlook has also been revised downward, contributing to the negative market reaction. The announcement was made during Asana's Q2 2025 earnings call.



















$BRZE Guidance: "For the third quarter of fiscal 2025, we expect revenue to be in the range of $147.5 million to $148.5 million, which represents a year-over-year growth rate of approximately 19% at the midpoint. Third quarter non-GAAP operating loss is expected to be in the… https://t.co/YT3e21BWs7
$SMAR Guidance: "For the third quarter of FY '25, we expect revenue to be in the range of $282 million to $285 million and non-GAAP operating income to be in the range of $42 million to $44 million. We expect non-GAAP net income per share to be $0.29 to $0.31 based on diluted… https://t.co/Pk9AUMZyNu
Smartsheet $SMAR will report today after close. Analysts estimate $274.19M in revenue (+16.39% YoY) and $0.29 in earnings per share (+81.25% YoY).