Asana's Q3 Beats Expectations, Shares Surge

Asanas Q3 results exceeded expectations, with adjusted earnings of seven cents per share and revenue growth of over nine percent. The company also raised its full-year guidance for adjusted earnings per share. Despite these positive developments, Asanas stock price only increased by about four percent, reflecting a volatile market view. The stock is still down nearly thirty percent since the start of the year and is almost fifty percent below its fifty-two-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.