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  • 11 hours ago
Asana beat Q3 expectations with 7 cents in adjusted EPS and $201 million in revenue, highlighting stronger net retention and early gains from its AI Studio and AI Teammates features. The company raised full-year EPS and revenue guidance, though still below Wall Street forecasts. Shares rose in after-hours trading.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:03Asana reported third quarter adjusted earnings of seven cents per share on $201.03 million in
00:09revenue, topping analyst estimates, according to Benzinga. Quarterly revenue reached $201.03
00:16million, topping the street estimate of $198.83 million. CEO Dan Rogers said the quarter was
00:25strong, citing improved net revenue retention and growing momentum with AI Studio.
00:30He added that early results from Asana's new AI teammates show productivity gains that
00:35support the long-term potential of the platform. Asana raised its adjusted EPS outlook to between
00:40$0.25 and $0.26 and lifted its fiscal 2026 revenue forecast to between $789 million and $791
00:49million, though both remain below Wall Street expectations. Shares climbed 3.21% to $13.82
00:56in Tuesday's extended trading, according to Benzinga Pro. For all things money, visit
01:01Benzinga.com.
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