Asana

Asana beat consensus expectations in Q2 for revenue (USD 216.4m, +10% y/y) and adjusted EPS (USD 0.10), but its stock dropped about 10.9% in premarket trading after a weaker outlook. For Q3 the company expects adjusted EPS of USD 0.08 and revenue of USD 217–219m, implying growth slowing by roughly 8–9%. Gross margin fell to 87% due to higher AI infrastructure costs, integration effects from the StackAI acquisition and product-mix shifts, undermining market confidence. Analysts including Citizens and Citi maintained positive ratings and raised price targets, while investors reassess the costs and pace of the AI transition. » More on de.investing.com

Asana reported a non‑GAAP EPS of $0.10 for Q2 on revenue of $216.4 million, slightly beating consensus estimates. Revenue growth accelerated to 10% year‑over‑year, and AI products accounted for about 25% of new annual net revenue. Management announced a shift to a hybrid model of subscriptions and usage‑based AI pricing, which could cause short‑term margin pressure and a timing shift in revenue recognition. The stock fell about 9.6% after the close against the backdrop of a conservative outlook and the upcoming product and pricing model changes. » More on de.investing.com

At the annual meeting, Asana shareholders confirmed Krista Anderson-Copperman, Sydney Carey and Dan Rogers as directors, elected PricewaterhouseCoopers as the independent auditor and approved, in a non-binding vote, the compensation of the named executive officers. All proposals were approved as described in the proxy statement dated April 20, 2026. Asana reported Q1 2027 EPS of $0.10 and revenue of $205.1 million, slightly raised its organic revenue growth forecast and saw mixed analyst reactions despite a share price decline over the past six months. » More on de.investing.com