04:54 PM EDT, 03/10/2025 (MT Newswires) -- Asana (ASAN) reported fiscal Q4 breakeven late Monday, compared with a non-GAAP net loss of $0.04 per share a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended Jan. 31 was $188.3 million, up from $171.1 million a year earlier.

Analysts surveyed by FactSet expected $188.1 million.

The company expects fiscal Q1 non-GAAP net income of $0.02 per share and revenue of $184.5 million to $186.5 million. Analysts polled by FactSet expect a loss of $0.02 on revenue of $190.8 million.

For the fiscal year 2026, the company expects non-GAAP net income of $0.19 to $0.20 per share and revenue of $782 million to $790 million. Analysts expect a loss of $0.03 on revenue of $803.5 million.

Separately, the company said that Co-Founder, Chief Executive, and Chair Dustin Moskovitz has informed the board of his plan to transition to chair once a new CEO is appointed.

The company's board has engaged an executive search firm to find Moskovitz's successor, while he remains CEO until the transition and retains his Asana shares, the company said.

Shares of Asana were down nearly 9% in after-hours activity.