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Asana, Inc. - ASAN STOCK NEWS

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 leading provider of collaborative work management software designed to help teams coordinate and manage their work from start to finish. Founded by Dustin Moskovitz and Justin Rosenstein, who initially developed the tool for internal use at Facebook, Asana has grown into a global enterprise with offices in San Francisco, New York City, and Dublin.

Asana's core product is a cloud-based SaaS platform that enables seamless project management, task tracking, and team collaboration. The tool offers a range of features including task and project management, team communication, real-time project visibility, and automation capabilities. This allows organizations to streamline their workflows, improve efficiency, and achieve better results.

The company offers a freemium model, providing free access for teams of up to 15 members with unlimited projects and tasks. For larger teams and more advanced features, Asana offers subscription plans that generate revenue on a per seat basis.

Asana is supported by major investors such as Benchmark Capital, Andreessen Horowitz, Founders Fund, and Peter Thiel. The company continues to expand its capabilities and improve its offerings, making it a valuable tool for businesses of all sizes across various industries. Recent achievements include enhanced reporting and automation features, which significantly boost productivity and project management efficiency.

The platform is accessible via web and mobile apps available on Asana's website, iTunes, and Google Play. Asana's scalable and dynamic tools have made it an essential part of workflow management for marketing programs, IT approvals, performance management, and more.

Rhea-AI Summary
Asana (ASAN) has been acknowledged as the furthest in Completeness of Vision in the Gartner Magic Quadrant for Collaborative Work Management, positioning the company as a Leader in the market. Asana's Chief Operating Officer, Anne Raimondi, emphasized the importance of tools that connect work across individuals, teams, and departments to drive outcomes and revenue. Asana is honored to be recognized for its completeness of vision and ability to execute in the collaborative work management market.
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Asana, Inc. (NYSE: ASAN)(LTSE: ASAN) reported financial results for its third quarter fiscal 2024, showing significant improvement towards profitability year over year. Revenues from Core customers grew 20% year over year, and the company ended the quarter with over three million paid seats.
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Asana, Inc. (NYSE: ASAN)(LTSE: ASAN) will release its financial results for Q3 FY2024 on December 5. A webcast will be held on the same day to discuss the results.
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Asana, Inc. announces new AI capabilities to drive clarity, impact, and scale for organizations.
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Addressable announces hiring of new COO and $2 billion in home sales generated
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Asana, Inc. to hold investor session at Work Innovation Summit in New York City.
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Asana's CFO to present at investor events
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Asana reports Q2 financial results with revenue growth of 20% YoY and improved operating margin. Revenues from customers spending $5,000 or more grew 24% YoY. Operating loss decreased YoY. Cash flows from operating activities were positive. Asana provides positive financial outlook for Q3 and fiscal year 2024.
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Asana releases The State of AI at Work Report, revealing that 36% of employees in the US and UK use AI at work weekly. 55% of executives expect their companies to use AI for goal-setting. 51% of executives are willing to pay a premium for workplace tools powered by AI.
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Asana introduces intelligent product capabilities to enhance work management and drive strategic alignment for PMO teams
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FAQ

What is the current stock price of Asana (ASAN)?

The current stock price of Asana (ASAN) is $14.72 as of November 21, 2024.

What is the market cap of Asana (ASAN)?

The market cap of Asana (ASAN) is approximately 3.3B.

What is Asana, Inc.?

Asana, Inc. is a provider of collaborative work management software delivered via a cloud-based SaaS model.

How did Asana start?

Asana was started by Dustin Moskovitz and Justin Rosenstein after developing an internal tool at Facebook.

What features does Asana offer?

Asana offers task and project management, team communication, real-time project visibility, and automation capabilities.

Is Asana free to use?

Asana is free for teams up to 15 members with unlimited projects and tasks. Larger teams can opt for subscription plans.

How does Asana generate revenue?

Asana generates revenue through software subscriptions on a per seat basis.

Where are Asana's offices located?

Asana has offices in San Francisco, New York City, and Dublin.

Who are Asana's investors?

Asana's investors include Benchmark Capital, Andreessen Horowitz, Founders Fund, and Peter Thiel.

What are some recent achievements of Asana?

Recent achievements include enhanced reporting and automation features that significantly boost productivity and project management efficiency.

Where can I access Asana’s platform?

Asana’s platform is accessible via their website, iTunes, and Google Play.

What industries use Asana?

Asana is used across various industries for marketing programs, IT approvals, performance management, and more.

Asana, Inc.

NYSE:ASAN

ASAN Rankings

ASAN Stock Data

3.30B
82.25M
42.37%
41.99%
3.96%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO