Asana: Q3 Earnings Insights

Asana ASAN reported its Q3 earnings results on Tuesday, December 5, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Asana beat estimated earnings by 63.64%, reporting an EPS of $-0.04 versus an estimate of $-0.11.

Revenue was up $25.06 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 13.17% drop in the share price the next day.

Here's a look at Asana's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.11	-0.18	-0.27	-0.32
EPS Actual	-0.04	-0.09	-0.15	-0.26
Revenue Estimate	158.07M	150.55M	145.07M	139.37M
Revenue Actual	162.46M	152.41M	150.23M	141.44M

To track all earnings releases for Asana visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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