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Published on 3 Dec 2021 on Zacks via Yahoo Finance

Asana (ASAN) Incurs Loss in Q3, User Expansion Aids Top Line


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Asana ASAN reported third-quarter fiscal 2022 non-GAAP loss of 23 cents per share, which beat the Zacks Consensus Estimate by 11.54% and was narrower than 34 cents reported in the year-ago quarter.Asana reported revenues of $100.4 million in the quarter, which beat the Zacks Consensus Estimate by 6.8% and jumped 70.4% year over year.

Quarter in Detail

Asana’s total number of paying customers grew by 7,000 in the reported quarter. At the end of the fiscal third quarter, the company had more than 114,000 paying customers.

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