Asana (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
