Asana Announces Record Fourth Quarter and Fiscal Year 2021 Revenues
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Asana, Inc. (ASAN) Tops Q4 EPS by 4c, Revenues Beat; Offers 1Q & FY21 Revenue Guidance Above Consensus
March 10, 2021 4:24 PM ESTAsana, Inc. (NYSE: ASAN) reported Q4 EPS of ($0.22), $0.04 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $68.4 million versus the consensus estimate of $62.68 million.
Fourth Quarter Fiscal 2021 Financial Highlights
Revenues: Revenues were $68.4 million, an increase of 57% year over year.Operating Loss: GAAP operating loss was $51.0 million, or 74.5% of revenues, compared to GAAP operating loss of $25.3 million, or 58.2% of revenues, in the fourth quarter of fiscal 2020. Non-GAAP operating loss was $34.8 million, or 51.0% of revenues, compared to non-GAAP operating loss of $20.1 million, or 46.1% of revenues, in the fourth... More