|Day's range||54.60 - 54.88|
The challenge of keeping an organized project roadmap is real. This is where workforce management tool Monday.com (NASDAQ: MNDY) comes into play. From project management to customer relationship management (CRM) for your sales pipeline, Monday.com's robust suite of products covers its users needs.
SAN FRANCISCO, May 09, 2023--For the sixth year in a row, Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, has been named to Inc. Magazine’s annual list of the Best Workplaces for 2023. This year, the award recognizes Asana for creating an exceptional workplace and company culture that prioritizes employee wellbeing, strong values and collaboration.
Asana is a growth machine, but it's burning money at an unsustainable rate, and that could be the company's downfall.
SAN FRANCISCO, May 01, 2023--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, announced today that it will release financial results for the first quarter fiscal year 2024 on Thursday, June 1, after the close of the U.S. markets.
Companies that define new categories can seem crazy early on, and that's where I think we are with Virgin Galactic (NYSE: SPCE) and Asana (NYSE: ASAN). Virgin Galactic could come to define space tourism for thousands of travelers, and Asana could become a productivity tool that grows from small businesses to the masses. If space tourism is common a decade from now, it will probably mean that Virgin Galactic was successful in launching a reusable spacecraft and attracting customers to pay upward of $450,000 for a flight.
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
SAN FRANCISCO, March 28, 2023--Asana announced new features and integrations to help organizations harness Collaborative Intelligence.
Asana is on the path to profitability, but slowing top-line growth may mean it takes longer to get there.
Asana (NYSE: ASAN) has been a growth machine for years, but it's also been burning cash along the way. In late 2022, the company made changes that lowered operating cost growth, and it aims to get to cash-flow positive.
Wall Street celebrated Asana's (NYSE: ASAN) recent earnings report for the fourth quarter of its 2023 fiscal year. Or should investors avoid the stock after it couldn't maintain its recent momentum? Asana is a collaboration software company.
Asana's (NYSE: ASAN) stock jumped 19% on March 9 after the company posted its latest earnings report. For the full year, Asana's revenue increased 45% to $574 million, compared with its 67% growth in fiscal 2022, but its adjusted net loss widened from $163 million to $207 million. Asana is still growing rapidly, but is it too late to buy the stock after its year-to-date rally of about 40%?
Shares of project management tool Asana (NYSE: ASAN) jumped 27.2% from last week's market close to Thursday's close, according to data provided by S&P Global Market Intelligence, after the company reported a solid quarter. Quarterly revenue was up 34% to $150.2 million, which beat the $145.2 million that analysts expected, but Asana still had an operating loss of $99.2 million, or 66% of revenue. From a cash-flow perspective, which excludes extremely high stock-based compensation expenses, Asana had negative $31.1 million in operating cash flow, which was better than the $39.3 million burned a quarter earlier.
Should investors be excited or worried when a stock crosses above the 200-day simple moving average?
Analysts weighed in positively after Asana (NYSE:ASAN) shares jumped more than 18% yesterday on better-than-expected Q4 EPS/revenues, as well as CEO Dustin Moskovitz's stated plans to enter a trading plan to buy up to 30 million company shares. DA Davidson upgraded Asana to Buy from Neutral on the news and raised its price target to $21.00 from $18.00. Piper Sandler maintained its Neutral rating on the company, but raised its price target on the stock to $24 from $13 and bumped up revenue estimates on "better-than-feared" results and outlook, adding that Moskovitz's planned purchase suggests "the founder remains committed and has an appetite to increase his ownership stake by up to another 12%."
Shares of work-collaboration software company Asana (NYSE: ASAN) skyrocketed on Thursday after the company reported strong financial results for the fourth quarter of its fiscal 2023. As of 11:30 a.m. ET, Asana stock was up 22% and has now doubled in value from the all-time low it touched earlier this year. In its fiscal Q4, which ended Jan. 31, Asana generated revenue of over $150 million, up 34% year over year and ahead of management's guidance of $144 million to $146 million.
Yahoo Finance Live anchors Julie Hyman and Ines Ferre discuss the rise in stock for Asana following fourth-quarter earnings.
The stock market remained in a tug-of-war between bulls and bears early Thursday. Asana (NYSE: ASAN) got a nice boost as the trends that have helped bolster the tech industry continued to make their presence felt. On the softer side, shareholders in Build-A-Bear Workshop (NYSE: BBW) also woke up to good news.
By Liz Moyer and Senad Karaahmetovic
Asana, Inc. (ASAN) delivered earnings and revenue surprises of 44.44% and 3.51%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
SAN FRANCISCO, March 08, 2023--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today reported financial results for its fourth quarter and fiscal year 2023 ended January 31, 2023.
SAN FRANCISCO, March 08, 2023--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today released its fourth-annual Anatomy of Work Global Index, an in-depth analysis into how work has evolved during this time of rapid volatility.
As of 2:30 p.m. ET, Asana stock was up 8.5%, but it had been up as much as 11% earlier in the trading session. According to CNBC, Simmons raised his outlook for Asana stock today, citing strong download data from third-party research company SensorTower. Asana's software is cloud based and can be accessed by web browsers -- users don't have to use the mobile app.
Olo Inc. (OLO) delivered earnings and revenue surprises of 200% and 2.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?