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Asana Fiscal Q4 Loss Narrows, Revenue Rises; Sets Outlook
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Asana Fiscal Q4 Loss Narrows, Revenue Rises; Sets Outlook
Mar 11, 2024 2:01 PM

04:30 PM EDT, 03/11/2024 (MT Newswires) -- Asana (ASAN) late Monday reported fiscal Q4 non-GAAP net loss of $0.04 per share, narrower than a loss of $0.15 a year ago.

Analysts polled by Capital IQ expected a loss of $0.10.

Revenue for the quarter ended Jan. 31 was $171.1 million, up from $150.2 million a year earlier.

Analysts surveyed by Capital IQ expected $168 million.

The company expects fiscal Q1 non-GAAP net loss of $0.09 to $0.08 per share and revenue of $168 million to $169 million. Analysts polled by Capital IQ expect a loss of 0.08 on revenue of $168.6 million.

For the fiscal year 2025, the company expects non-GAAP net loss of $0.22 to $0.19 per share and revenue of $716 million to $722 million. Analysts expect a loss of $0.21 on revenue of $716.2 million.

Price: 19.07, Change: +0.28, Percent Change: +1.49

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