Asana Inc reports results for the quarter ended January 31 - Earnings Summary

• Asana Inc ASAN.N reported quarterly breakeven results​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of sixteen analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to -1 cents per share.

• Revenue rose 10% to $188.33 million from a year ago; analysts expected $188.10 million.

• Asana Inc's reported EPS for the quarter was a loss of 27 cents​.

• The company reported a quarterly loss of $62.3 million.

• Asana Inc shares had fallen by 10.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Asana Inc is $19.50

This summary was machine generated from LSEG data March 10 at 09:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)