From Barchart: 2025-06-03 16:19:00

Asana (NYSE: ASAN) exceeded revenue expectations in Q1 CY2025, with sales up 8.6% year on year to $187.3 million. The company also reported a non-GAAP profit of $0.05 per share, significantly above analysts’ estimates. Asana’s guidance for the next quarter’s revenue is better than expected at $193 million at the midpoint. The company reconfirmed its full-year revenue guidance of $782.5 million and raised its full-year Adjusted EPS guidance to $0.22 at the midpoint. Asana reported 24,297 enterprise customers this quarter. Despite the positive results, the stock traded down 1.8% after the report.

Overall, Asana’s Q1 results were strong, beating analysts’ expectations in revenue, EPS, and adjusted operating income. The company’s full-year EPS guidance was raised, indicating optimism for future performance. Despite the stock trading down after the report, Asana’s long-term growth potential should be considered when evaluating investment opportunities. To access a full research report on Asana and determine if it’s a buy at the current price, visit the provided link for more information.



Read more at Barchart: Asana’s (NYSE:ASAN) Q1: Beats On Revenue