NYSE$ASAN

Asana · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

ASAN Q1 2024 — $152K revenue, 0.28 EPS

All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations or financial condition; busine. Asana reported Q1 2024 results. Diluted EPS came in at $0.28. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $152K.
  • Diluted EPS: $0.28.
  • Operating income: $65K.
  • Gross profit: $138K.

Headline financials

Total Revenue

$152M

Previous: $121M+26.3%
EPS

-$0.28

Previous: -$0.09-211.1%
Capital Expenditures

-$1.87M

Previous: -$1.05M-78.1%
Free Cash Flow

-$63.3M

Previous: -$99.9M+36.6%
Net Income

-$61.5M

Previous: -$98.9M+37.8%
Operating Income

-$65.2M

Previous: -$96.2M+32.2%
Gross Profit

$138M

Previous: $108M+27.1%
Cash & Equivalents

$382M

Previous: $197M+93.7%
Total Assets

$984M

Previous: $691M+42.4%
Stock-Based Comp

$41.5M

Previous: $39.9M+4.0%

Revenue & EPS history

Asana · Revenue · Quarterly

$152M

Q1 2024+26.3%vs Q1 2023
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.0%

Avg return

Earnings day

+1.3%

Avg return

5 days after

-1.7%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+40.2%

Q3 2024

Best reaction

-25.5%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+15.6%+19.7%
Q4 2026-4.4%+9.0%-12.7%
Q3 2026+7.8%+9.0%-3.2%
Q2 2026+2.8%-2.2%-4.1%
Q1 2026-20.5%-22.9%-26.5%
Q4 2025-24.2%-16.8%-7.2%
Q3 2025+40.2%+47.9%+30.2%
Q3 2024+40.2%+47.9%+30.2%
Q2 2025-10.3%-16.2%-20.3%
Q2 2024-10.3%-16.2%-20.3%
Q1 2025+0.0%-7.8%+12.8%
Q1 2024-5.5%-1.5%+1.3%
Q4 2023-13.5%-15.9%-22.6%
Q4 2024-12.7%-15.1%-20.4%
Q3 2023-14.9%-14.8%-25.6%
Q2 2023-13.1%-7.1%-26.4%
Q1 2023-7.0%-3.4%-7.7%
Q4 2022+21.1%+18.5%+11.1%
Q3 2022-10.8%-25.6%-24.2%
Q2 2022+25.8%+52.0%+27.2%
Q1 2022+6.2%+7.0%-15.7%
Q4 2021-14.6%-25.9%-22.6%
Q3 2021-25.5%-17.4%-17.1%
Q2 2021+18.0%+24.2%+34.8%
Q1 2021+6.3%+7.8%+82.2%
Q4 2020+3.4%-0.4%+3.3%
Q1 2019

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