Asana Q2 2024 Adj. EPS $(0.05) Beats $(0.08) Estimate, Sales $179.212M Beat $177.654M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asana reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.05), beating the estimate of $(0.08), and sales of $179.212 million, surpassing the $177.654 million estimate. This marks a 10.31% increase in sales compared to the same period last year.
September 03, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Asana's Q2 2024 results exceeded expectations with an adjusted EPS of $(0.05) and sales of $179.212 million, both beating analyst estimates. This performance reflects a 10.31% year-over-year sales growth.
Asana's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The EPS beat by 37.5% and sales growth of 10.31% year-over-year indicate strong performance, which is typically viewed favorably by investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100