Welcome to our dedicated page for Asana news (Ticker: ASAN), a resource for investors and traders seeking the latest updates and insights on Asana stock.
Asana, Inc. (ASAN) is a work management platform for human and AI collaboration, and its news flow reflects both its software business and its focus on AI-powered productivity. Company announcements highlight how Asana helps organizations manage strategic initiatives, cross-functional programs, and company-wide goals, with AI working alongside teams to turn plans into action.
Investors and observers following Asana news will see regular earnings releases and financial updates, where the company reports quarterly revenues, operating results, cash flow, and outlook. These updates often include details on Core customers, customers spending $100,000 or more on an annualized basis, and dollar-based net retention rates, as well as commentary on non-GAAP metrics such as operating margin and free cash flow.
Asana 27s news also features product and platform developments. Recent announcements have covered AI Studio, Smart Workflows, and AI Teammates ae 2c which are described as collaborative agents that understand the context of work across an organization. The company has also introduced Asana Gov, a FedRAMP-in-process offering aimed at government agencies, regulated industries, and public sector partners, and has reported achieving a FedRAMP 22In Process 22 designation at the Moderate level.
Another recurring theme in Asana 27s news is go-to-market and governance activity, including participation in technology and AI-focused investor conferences, leadership appointments such as the Chief Executive Officer and Chief Product Officer roles, and updates related to public sector and regulated industry initiatives. Readers can use the ASAN news page to review this mix of financial disclosures, product launches, AI-related features, and corporate developments over time.
For anyone tracking the ASAN stock or the evolution of work management and AI collaboration, this news feed provides a centralized view of Asana 27s reported milestones, strategic focus areas, and communications to investors and customers.
Asana (NYSE: ASAN) announced that co-founder and CEO Dustin Moskovitz will transition to the role of Chair upon the appointment of a successor. The Board has initiated a search for a new CEO with the help of a leading executive search firm.
Moskovitz, who co-founded Asana in 2008 and has served as CEO since 2010, will maintain his significant shareholdings and focus on product vision, strategic guidance, and AI strategy in his new role as Chair. Under his leadership, Asana has grown to serve over 150,000 customers, including 85% of Fortune 500 companies, generating over $700 million in annual revenue.
The transition comes as Asana positions itself for its next phase of growth and profitability, particularly following the recent launch of AI Studio. Moskovitz plans to dedicate more energy to addressing global challenges through Good Ventures and Open Philanthropy while continuing to provide strategic oversight as Chair and majority shareholder.
Asana (NYSE: ASAN, LTSE: ASAN), an enterprise work management platform, has announced it will release its fourth quarter and fiscal year 2025 financial results on Monday, March 10, 2025, after U.S. markets close. The company will host a webcast at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day to discuss the results. Investors can access the live webcast and replay through Asana's Investor Relations website.
Asana (NYSE: ASAN), a leading enterprise work management platform, has announced its participation in an upcoming investor event. The company's executives will present at the Barclays 22nd Annual Global Technology Conference on December 11, 2024, at 8:40 a.m. PT / 11:40 a.m. ET.
Interested parties can access a live webcast of the presentation through Asana's investor relations website at investors.asana.com.
Asana (NYSE: ASAN) reported Q3 fiscal 2025 results with revenues of $183.9 million, up 10% year over year. The company reduced its GAAP operating loss to $60.2 million (33% of revenues) from $63.4 million in Q3 fiscal 2024. Non-GAAP operating loss improved to $7.6 million.
Key highlights include the launch of AI Studio, a no-code builder for AI-powered workflows, and growth in core customers to 23,609 (up 11% YoY). Customers spending $100,000+ annually increased 18% to 683. The company maintains a 96% overall dollar-based net retention rate.
For Q4 fiscal 2025, Asana expects revenues of $187.5-188.5 million and raised its fiscal 2025 outlook to $723.0-724.0 million, representing 11% growth.
Asana has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Collaborative Work Management for the second consecutive year. The company was evaluated based on its 'Completeness of Vision' and 'Ability to Execute.'
The recognition highlights Asana's Work Graph® data model, which maps work relationships and context. The company has also introduced Asana AI Studio, enabling AI integration into workflows to enhance productivity. Additionally, Asana received the Gartner® Peer Insights™ Customers' Choice distinction, with positive customer reviews emphasizing reduced admin time, effective task management, and improved cross-organizational collaboration.
Asana serves over 150,000 customers, including major companies like Amazon, Accenture, and Suzuki, helping them manage and automate various aspects of work from goal setting to product launches.
Asana has announced a strategic partnership with Datacom, a major IT service provider in Australia and New Zealand (ANZ). The collaboration aims to enhance enterprise solutions and support for ANZ customers, particularly in the Public Sector, Education, and Financial Services industries. The partnership will include joint initiatives such as dedicated implementation support, custom enterprise deployments, and localized services. To launch this collaboration, both companies will co-host the Asana & Datacom Work Innovation Breakfast in Auckland on November 27th, bringing together business leaders to discuss the future of work, collaborative work management, and AI-driven efficiency.
Asana (NYSE: ASAN, LTSE: ASAN) has scheduled the release of its third quarter fiscal year 2025 financial results for Thursday, December 5, 2024, after U.S. markets close. The company will host a webcast at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) on the same day to discuss the results. Investors can access the live webcast and replay through the Asana Investor Relations website.
Asana (NYSE:ASAN, LTSE:ASAN) has appointed Josh Abdulla as Head of Customer Experience, reporting to Chief Revenue Officer Ed McDonnell. Abdulla, with over 23 years of experience in customer-facing roles, will oversee Asana's customer success, professional services, and support teams. Previously, as Chief Customer Officer at LiveRamp, he led the Global Services organization, significantly reducing churn.
In his new role, Abdulla will focus on driving adoption and maximizing value for Asana's 150,000+ customers. He aims to enhance customer experiences through shared insights, streamlined communications, and support, with the goal of achieving faster time to value for each customer. This appointment underscores Asana's commitment to expanding its enterprise footprint and enabling customers to run their entire business on the platform.
Asana (NYSE: ASAN) has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting (APMR). The company was recognized for its Ability to Execute and Completeness of Vision among 13 evaluated vendors. Asana's AI-powered work management platform offers:
- Scalable and adaptable capabilities
- Easy management of complex projects
- Effective resource allocation
- Workflow automation
- Process standardization
- Real-time visibility into work progress
Customer feedback highlights Asana's flexibility, scalability, and ability to consolidate project management data across organizations.
Haymaker Group, an award-winning PR firm, is expanding into San Francisco and Silicon Valley markets after a decade of success in connecting press with tech innovators and investors. The firm has hired Emilie Grace Cole as Vice President to lead the SF office, bringing her expertise from roles at Asana (NYSE: ASAN) and Public.com. This expansion coincides with Haymaker's 10th anniversary and the upcoming Media Summit | NYC conference.
Founded in 2014 by former Forbes reporter J.J. Colao, Haymaker has built a reputation for hosting impactful events connecting tech executives with key media figures. The firm's approach has earned numerous accolades and client praise. With this expansion, Haymaker aims to deepen its commitment to the innovation economy and further its mission of 'PR done right' in the world's most dynamic market for innovation.