Asana Q2 EPS $(0.04) Beats $(0.11) Estimate, Sales $162.46M Beat $158.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asana (NYSE:ASAN) reported Q2 earnings per share (EPS) of $(0.04), beating the analyst consensus estimate of $(0.11) by 63.64%. This is an 88.24% increase over the same period last year. The company also reported quarterly sales of $162.46 million, beating the estimate of $158.07 million by 2.77%, a 20.43% increase YoY.
September 05, 2023 | 8:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Asana's Q2 results exceeded analyst expectations, with EPS and sales beating estimates. This could potentially lead to a positive market reaction.
Asana's better-than-expected Q2 results indicate strong performance, which is typically well-received by the market. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100