HSBC Downgrades Asana (ASAN) to Reduce, 'Macro headwinds to continue'

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Asana Announces Third Quarter Fiscal 2024 Results

December 5, 2023 4:05 PM EST

Significant improvement towards profitability year over year
Revenues from Core customers, customers spending $5,000 or more, grew 20% year over year
Ended the quarter with over three million paid seats

SAN FRANCISCO--(BUSINESS WIRE)-- Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform, today reported financial results for its third quarter fiscal 2024 ended October 31, 2023.

Asanas Q3 results beat expectations on the top and bottom line. Overall revenue growth was better than our guidance, revenues from our Core customers grew 20 percent, and... More