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00:02Asana shares fell nearly 13% in extended trading Thursday after the company reported second quarter results
00:09and issued soft third quarter earnings guidance, according to Benzinga.
00:13The software company reported adjusted earnings of 10 cents per share on revenue of 216 or 43 million dollars,
00:21beating analyst estimates of 9 cents per share and 214 to 12 million dollars.
00:26The company expects third quarter revenue of 217 million dollars to 219 million dollars,
00:32compared with estimates of 218 or 16 million dollars.
00:36It guided for adjusted earnings of 8 cents per share, below estimates of 9 cents.
00:41Asana raised its full year revenue outlook to between 858.5 million and 863.5 million dollars
00:48and reaffirmed adjusted earnings guidance of 37 cents per share.
00:51Shares were down 12.78% at 880 after hours Thursday, according to Benzinga Pro.
00:57For all things money, visit Benzinga.com.
