Asana, Inc. (NYSE: ASAN) reported Q3 EPS of ($0.04), $0.07 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $166.5 million versus the consensus estimate of $164.09 million.

“Asana’s Q3 results beat expectations on the top and bottom line. Overall revenue growth was better than our guidance, revenues from our Core customers grew 20 percent, and operating margin improved significantly year over year," said Dustin Moskovitz, co-founder and chief executive officer of Asana. “Revenues from customers spending $100,000 or more grew even faster than our overall revenues as we continue to forge partnerships with some of the largest organizations in the world. More and more, the world’s leading companies are choosing Asana – powered by Asana’s Work Graph® and AI – to drive clarity and accountability, maximize impact, and scale with confidence.”

GUIDANCE:

Asana, Inc. sees Q4 2024 EPS of ($0.10)-($0.09), versus the consensus of ($0.16). Asana, Inc. sees Q4 2024 revenue of $167-168 million, versus the consensus of $166.83 million.

Asana, Inc. sees FY2024 EPS of ($0.27)-($0.26), versus the consensus of ($0.38). Asana, Inc. sees FY2024 revenue of $648.5-649.5 million, versus the consensus of $646.1 million.

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