- Asana (NYSE:ASAN): Q2 Non-GAAP EPS of -$0.23 beats by $0.03; GAAP EPS of -$0.40 in-line.
- Revenue of $89.5M beats by $7.24M.
- Shares +4.7%.
- Press Release
- GAAP operating loss was $60.1 million, or 67% of revenues, compared to GAAP operating loss of $33.6 million, or 65% of revenues, in the second quarter of fiscal 2021.
- Cash flows from operating activities were negative $8.5 million, compared to negative $22.1M.
Financial Outlook: FQ3: Revenues of $93 million to $94 million, representing Y/Y growth of 58% to 60% vs. consensus of $86.68M; Non-GAAP operating loss of $49 million to $47 million; Non-GAAP net loss per share of $0.27 to $0.26 vs. consensus of -$0.27
For fiscal year 2022, expects revenues of $357 million to $359 million , representing year over year growth of 57% to 58% vs. consensus of $338.88M