Asana, Inc. (ASAN) Tops Q4 EPS by 3c; Provides Mixed Outlook

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Asana (ASAN) PT Lowered to $88 at Berenberg

March 10, 2022 6:53 AM EST

Berenberg analyst Andrew DeGasperi lowered the price target on Asana (NYSE: ASAN) to $88.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "Heavy investments a negative surprise, but we remain positive: ASAN shares are down 20% after-hours after the company reported top-line results... More

Asana (ASAN) Shares Slammed 18% as Guidance Disappoints

March 9, 2022 5:04 PM EST

Asana, Inc. (NYSE: ASAN) shares plunged more than 18% after-hours as the company sees a larger-than-expected loss in the current quarter.

For the fourth quarter of 2022, EPS of ($0.25) came in better than the consensus estimate of ($0.28). Revenue grew 64% year-over-year to $111.9 million, compared to the consensus... More