From Financial Modeling Prep: 2025-03-11 13:03:00

Asana (NYSE:ASAN) shares plunged 24% after disappointing revenue forecast and CEO Dustin Moskovitz’s upcoming departure. Moskovitz, co-founder, will stay until successor named, retaining stake. Despite this, Q4 earnings beat expectations with EPS $0.00 and revenue $188.3 million, slightly above estimates. Fiscal 2026 EPS guidance strong at $0.19-$0.20, but revenue outlook of $782-$790 million missed expectations, causing concern for growth. Asana faces uncertainty with CEO transition, impacting investor confidence amid competitive software landscape.



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