Asana, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2024
March 11, 2024 at 04:05 pm EDT
Share
Asana, Inc. reported earnings results for the fourth quarter and full year ended January 31, 2024. For the fourth quarter, the company reported sales was USD 171.14 million compared to USD 150.23 million a year ago. Net loss was USD 62.4 million compared to USD 95.03 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to USD 0.44 a year ago.
For the full year, sales was USD 652.5 million compared to USD 547.21 million a year ago. Net loss was USD 257.03 million compared to USD 407.77 million a year ago. Basic loss per share from continuing operations was USD 1.17 compared to USD 2.04 a year ago.
Asana, Inc. is a provider of a work management software platform. The Company's platform automates complex operational workflows, such as product launches and employee onboarding, resource planning, tracking company-wide strategic initiatives and more. Its platform adds structure to unstructured work, creating clarity, accountability, and impact for everyone within an organization - individuals, team leads, and executives - so they understand exactly who is doing what, and by when. The Asana Work Graph is the technology that makes it possible for every individual and team to view their work in a way that is personally relevant to them, while maintaining a single, up-to-date, record of every goal, portfolio, project, and task. The Asana platform maintains a robust application programming interface (API) that enables developers to build apps on Asana and integrate efficiently with applications like Microsoft Teams, Slack, Jira, Salesforce, Gmail, Adobe Creative Cloud and many more.
ASANA, INC. 
