HSBC Downgrades Asana (ASAN) to Reduce, 'Macro headwinds to continue'

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Asana stock plunges 14% on billings weakness, analyst downgrade

December 5, 2023 4:37 PM EST

(Updated - December 6, 2023 5:46 AM EST)

Asana (NYSE: ASAN) shares dropped more than 14% in premarket trade Wednesday despite the company reporting Q3 beat and better-than-expected guidance.

Q3 EPS came in at ($0.04), better than the consensus estimate of ($0.11). Revenue grew 18% year-over-year to $166.5 million, compared to the consensus estimate of $164.09M.

The number of core customers, or customers... More

Asana, Inc. (ASAN) Tops Q3 EPS by 7c; Issues Better EPS Guidance

December 5, 2023 4:06 PM EST

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.

Asanas Q3 results beat expectations on the top and bottom line. Overall revenue growth... More

Asana, Inc. (ASAN) call put ratio 2.2 calls to 1 put into quarter results

December 5, 2023 10:32 AM EST

Asana, Inc. (NYSE: ASAN) December weekly call option implied volatility is at 214, December is at 132; compared to its 52-week range of 46 to 106 into the expected release of quarter results today after the bell. Call put ratio 2.2 calls to 1 put.

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Asana, Inc. (ASAN) call put ratio 2.4 calls to 1 put into quarter results

December 4, 2023 11:17 AM EST

Asana, Inc. (NYSE: ASAN) December weekly call option implied volatility is at 108, December is at 123; compared to its 52-week range of 46 to 106 into the expected release of quarter results after the bell on December 5. Call put ratio 2.4 calls to 1 put.

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Asana, Inc. (ASAN) December weekly 22.50 straddle into quarter results

December 4, 2023 4:51 AM EST

Asana, Inc. (NYSE: ASAN) December weekly 22.50 straddle is priced for a move of 14% into the expected release of quarter results after the bell on December 5.

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