Asana Stock News

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, announced today that it will release financial results for the third quarter fiscal year 2025 on Thursday, December 5, after the close of the U.S. markets. In conjunction with the announcement, the company will host a webcast on the same day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time...

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SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today announced the appointment of Sonalee Parekh as Chief Financial Officer, effective September 11, 2024. Parekh will succeed Tim Wan, who has served in the role since 2017. Wan will remain with the company in an advisory position to support the transition. Parekh brings more than 25 year...

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE:ASAN)(LTSE:ASAN), the #1 AI work management platform, today announced the appointment of Josh Abdulla as Head of Customer Experience. Abdulla will report to Chief Revenue Officer, Ed McDonnell, and oversee Asana's customer success, professional services, and support teams. Abdulla brings over 23 years of experience in customer-facing roles spann...

SAN FRANCISCO--(BUSINESS WIRE)--Asana (NYSE: ASAN)(LTSE: ASAN), the #1 AI work management platform, has been named a Leader in the Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting (APMR). Asana was recognized for its Ability to Execute and Completeness of Vision among the 13 evaluated vendors. Today, every company is looking for a smarter way to manage work and collaborate...

Asana beat estimates in Q2, but guidance disappointed. The company lowered its full-year revenue forecast.

Asana, Inc.'s Q2 2025 earnings and guidance were disappointing, leading to a 10% drop in share price and highlighting its transition away from high growth. Despite a strong cash position, Asana remains overvalued, with its stock not attractively priced even at 4x forward sales. Asana's recent initiatives show promise, but macroeconomic headwinds and competition, particularly from monday.com, hi...

Asana, Inc. (NYSE:ASAN ) Q2 2025 Earnings Call Transcript September 3, 2024 4:30 PM ET Company Participants Catherine Buan - Head of IR Dustin Moskovitz - Co-Founder and CEO Anne Raimondi - COO and Head of Business Tim Wan - CFO Conference Call Participants Taylor McGinnis - UBS Josh Baer - Morgan Stanley George Iwanyc - Oppenheimer Rich Magnus - Wolfe Research Michael Funk - Bank of America Br...