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Following positive Q2 results, analysts raise their projections for Asana.

ResultsRead the original at benzinga.com
Neutral

Modest Q2 beats and a raised full-year revenue range are balanced by soft Q3 guidance and an EPS guide miss, producing mixed near-term implications.

ASAN · Asana Inc

AI read · Neutral

The AI's read

Asana reported a slight Q2 revenue and EPS beat and raised full-year revenue guidance, showing strengthening core business. However, Q3 guidance was soft and Q3 adjusted EPS guidance missed estimates, producing material near-term uncertainty. Taken together the signals are mixed, supporting a NEUTRAL view.

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