Asana (ASAN) delivered earnings and revenue surprises of 25% and 2.33%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Work management software maker Asana (NYSE: ASAN) announced better-than-expected results in Q1 CY2024, with revenue up 13.1% year on year to $172.4 million. The company expects next quarter's revenue to be around $177.5 million, in line with analysts' estimates. It made a non-GAAP loss of $0.06 per share, improving from its loss of $0.28 per share in the same quarter last year.