Asana set to report Q4 results with positive free cash flow and expectations of recovery.
From StockTwits: 2025-03-10 02:12:20
Asana, Inc. is set to report fourth-quarter earnings with a projected loss of $0.01-$0.02 per share and revenue of $187.5 million to $188.50 million. The company expects positive free cash flow for the quarter. In Q3, core customers spending $5,000 or more rose 11% to 23,609, with revenue from these customers up 11%. Asana stock received an ‘Overweight’ rating from Piper Sandler, predicting a recovery. On Stocktwits, sentiment improved to ‘neutral’ with high message volume. Some users are bullish, citing strong net dollar retention rate, while others express concerns about insider selling. Asana stock closed up 2.64% to $18.25 but down 10% year-to-date.
Read more at StockTwits: Asana’s Retail Traders Remain On Wait-And-Watch Mode Ahead Of Q4 Results
