Asana Fiscal Q1 Adjusted Earnings, Revenue Rise; Q2 Guidance Set

MT Newswires Live
May 29

Asana (ASAN) reported fiscal Q1 adjusted earnings late Thursday of $0.10 per diluted share, compared with $0.05 a year earlier.

Analysts polled by FactSet expected $0.08.

Revenue for the three months ended April 30 rose to $205.1 million from $187.3 million a year earlier.

Analysts expected $203.6 million.

The company said it expects fiscal Q2 adjusted EPS of $0.08 to $0.09 on revenue of $213 million to $215 million. Analysts expect EPS of $0.09 on revenue of $211.9 million.

For fiscal 2027, the company now expects non-GAAP net income per share of $0.37, compared with its previous outlook of $0.36 to $0.37. Revenue is now slated to be between $855.5 million to $863.5 million compared with $850 million to $858 million previously.

Analysts have forecast income per share of $0.37 on revenue of $854.3 million.

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