Asana NYSE: ASAN reported fiscal first-quarter revenue that exceeded its guidance range and said customer retention, expansion activity and adoption of its artificial intelligence products improved during the period.
Asana has acquired the workflow automation company Stack AI, the company announced on Thursday after market closed, part of a larger effort to position itself as an AI-native workplace platform. Stack AI's founders, Tony Rosinol and Bernard Aceituno, will join Asana as part of the acquisition.
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Asana, Inc. (ASAN) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Asana, Inc. (ASAN) Q4 2026 Earnings Call Transcript
Asana, Inc. (ASAN) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to break-even earnings per share a year ago.
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Asana, Inc. trades at a steep discount to SaaS peers, with a P/S ratio of 4.4x versus higher-growth competitors. ASAN's operational efficiency is improving, with non-GAAP gross margins near 90% and positive free cash flow of $65M TTM. AI-driven product initiatives, including AI Teammates and Smart Workflows, position ASAN to enhance stickiness and pricing power.
Asana, Inc. (ASAN) Presents at Barclays 23rd Annual Global Technology Conference Transcript
Asana remains a hold as revenue growth continues decelerating and forward indicators show no imminent recovery. Enterprise traction is evident, with >$100k customer cohort growing 15% y/y, but SMB top-of-funnel weakness appears structural. Retention rates are stabilizing, and self-serve AI features could widen adoption, yet billings softness clouds near-term outlook.
Asana, Inc. ( ASAN ) UBS Global Technology and AI Conference 2025 December 3, 2025 4:55 PM EST Company Participants Sonalee Parekh - CFO and Head of Finance Aziz Megji Conference Call Participants Taylor McGinnis - UBS Investment Bank, Research Division Presentation Taylor McGinnis UBS Investment Bank, Research Division Okay. Hello, everyone.
Asana, Inc. (ASAN) Q3 2026 Earnings Call Transcript