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Asana Swings to Fiscal Q1 Non-GAAP Earnings, Revenue Rises
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Asana Swings to Fiscal Q1 Non-GAAP Earnings, Revenue Rises
Jun 3, 2025 2:13 PM

04:33 PM EDT, 06/03/2025 (MT Newswires) -- Asana (ASAN) reported fiscal Q1 non-GAAP earnings Tuesday of $0.05 per diluted share, compared with a net loss of $0.06 a year earlier.

Analysts polled by FactSet expected non-GAAP earnings of $0.02 per share.

Revenue for the quarter ended April 30 was $187.3 million, up from $172.4 million a year earlier.

Analysts surveyed by FactSet expected $185.4 million.

The company said it expects fiscal Q2 non-GAAP net income per share between $0.04 and $0.05 and revenue between $192 million and $194 million.

Analysts expect $0.04 and $192.2 million.

The company expects fiscal 2026 non-GAAP net income per share of $0.22 and revenue between $775 million and $790 million.

Analysts expect $0.19 and $780.1 million.

Shares of Asana were down 5.5% in after-hours trading.

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