Asana Inc. (ASAN) shares surged by 43.53% on December 6, 2024, closing at $22.19, following the company's third-quarter earnings report that exceeded analyst expectations. The report indicated a year-over-year revenue increase of 10% to $183.9 million, with the number of customers generating over $5,000 in annual recurring revenue (ARR) rising by 10% to 23,609. Additionally, the count of customers with over $100,000 in ARR grew by 18% to 683. Analysts are optimistic about Asana's future, projecting fourth-quarter revenues to be at least $187.5 million, also reflecting a 10% year-over-year increase. This marks Asana's largest single-day gain since September 30, 2020, signaling a potential stabilization in its business operations, according to market analysts.