Asana Sees Q3 Adj. EPS $(0.11)-$(0.10) vs $(0.15) Est., Revenues $163.5M-$164.5M vs $162.84M Est.
Portfolio Pulse from Benzinga Newsdesk
Asana has projected its Q3 adjusted EPS to be between $(0.11) and $(0.10), which is better than the estimated $(0.15). The company also expects its revenues to be between $163.5M and $164.5M, surpassing the estimated $162.84M.
September 05, 2023 | 8:06 pm
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POSITIVE IMPACT
Asana's better-than-expected Q3 adjusted EPS and revenue projections could potentially boost investor confidence and positively impact the company's stock price in the short term.
Asana's Q3 projections are better than the estimates. This positive financial performance could increase investor confidence in the company, leading to increased demand for the stock and potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100