==Asana (ASAN) reported earnings on Tue 3 June 25 (a/h)

 

Asana beats by $0.03, reports revs in-line; guides Q2 EPS in-line, revs in-line; guides FY26 EPS above consensus, revs in-line

• Reports Q1 (Apr) earnings of $0.05 per share, excluding non-recurring items, $0.03 better than the FactSet Consensus of $0.02; revenues rose 8.6% year/year to $187.27 mln vs the $185.4 mln FactSet Consensus.
• Co issues in-line guidance for Q2 (Jul), sees EPS of $0.04-0.05, excluding non-recurring items, vs. $0.04 FactSet Consensus; sees Q2 revs of $192-194 mln vs. $192.21 mln FactSet Consensus.
• Co issues guidance for FY26, sees EPS of $0.22, excluding non-recurring items, vs. $0.19 FactSet Consensus and vs $0.19-0.20 prior guidance; sees FY26 revs of $775-790 mln vs. $780.11 mln FactSet Consensus and vs $782-790 mln prior guidance.
• "Just months after launching AI Studio, we've already crossed $1 million in ARR and head into Q2 with a robust, rapidly growing global pipeline."
• "We achieved a major milestone this quarter, delivering Asana's first quarter of non-GAAP operating income, expanding non-GAAP operating margin 1,300 basis points year over year and exceeding our Q1 non-GAAP operating margin guidance by over 300 basis points," said Sonalee Parekh, Chief Financial Officer of Asana. "Looking ahead, we're raising our full-year non-GAAP operating margin guidance, reflecting our confidence in our ability to drive durable, profitable growth-even in the face of macro uncertainty."