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Stock impact report

Asana Announces Second Quarter Fiscal 2025 Results [Yahoo! Finance]

Asana, Inc. Class A (ASAN) 
Company Research Source: Yahoo! Finance
SAN FRANCISCO, September 03, 2024 BUSINESS WIRE )--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform, today reported financial results for its second quarter fiscal 2025 ended July 31, 2024. "In Q2, Asana continued to execute on our enterprise transition and make significant strides in AI. We're seeing momentum in key areas, including 17% growth in customers spending over $100,000, success in key verticals, and a record number of multi-year deals," said Dustin Moskovitz, co-founder and chief executive officer of Asana. "We're at a pivotal moment where AI has enormous potential to revolutionize work management. We are clearly moving in the right direction and are well-positioned to capitalize on the consolidation opportunity in the enterprise market." Second Quarter Fiscal 2025 Financial Highlights Revenues: Revenues were $179.2 million, an increase of 10% year over year. Operating Loss: GAAP operating loss was $76.8 million, or 43% of revenues, compare Show less Read more
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