Asana, Inc. (ASAN) Tops Q2 EPS by 3c, Offers Guidance

Asana, Inc. (NYSE: ASAN) reported Q2 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $179.2 million versus the consensus estimate of $177.68 million.

Financial Outlook

• For the third quarter of fiscal 2025, Asana expects:
• Revenues of $180.0 million to $181.0 million, representing year over year growth of 8% to 9%.
• Non-GAAP operating loss of $19.0 million to $18.0 million, with 10% operating loss margin at the midpoint.
• Non-GAAP net loss per share of $0.07, assuming basic and diluted weighted average shares outstanding of approximately 227 million.

For fiscal 2025, Asana expects:

• Revenues of $719.0 million to $721.0 million, representing year over year growth of 10%.
• Non-GAAP operating loss of $58.0 million to $55.0 million, with 8% operating loss margin at the midpoint.
• Non-GAAP net loss per share of $0.20 to $0.19, assuming basic and diluted weighted average shares outstanding of approximately 227 million.

For earnings history and earnings-related data on Asana, Inc. (ASAN) click here.

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