Asana shares plunge over 25% on weak outlook and CEO Dustin Moskovitz’s retirement
For its fiscal 2025 fourth quarter that ended on Jan. 31, Asana reported it broke even, up from a loss of four cents per share in the same quarter of the previous fiscal year, on revenue of $188.3 million, up 10% year-over-year. Both figures were slightly above the loss of a penny per share and revenue of $188.1 million expected by analysts.
Asana Shares Sink as CEO Moskovitz Plans Retirement, Guidance Disappoints
Shares for Asana plunged after the software company said Chief Executive Dustin Moskovitz would retire and offered guidance that failed to impress Wall Street. The stock dove nearly 20% to $13.32 in after-hours trading amid a larger selloff of technology stocks.
Asana stock remains challenged in the face of CEO Dustin Moskovitz’s sudden retirement and a downbeat outlook for the current ...
Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook, is leaving the software company he founded ...
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Why Is Asana (ASAN) Stock Soaring TodayShares of work management software maker Asana (NYSE: ASAN) jumped 5.9% in the afternoon session as markets experienced a ...
"As I reflect on my journey since co-founding Asana nearly 17 years ago, I'm filled with immense gratitude. Creating and leading Asana has been more than just building a company-it's been a profound ...
Asana (NYSE:ASAN – Get Free Report) had its price objective lowered by equities researchers at Piper Sandler from $27.00 to ...
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Why Asana (ASAN) Shares Are Plunging TodayShares of work management software maker Asana (NYSE: ASAN) fell 30.3% in the pre-market session after the company reported ...
Scotiabank lowered the firm’s price target on Asana (ASAN) to $12 from $18 and keeps a Sector Perform rating on the shares. The company’s ...
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