STOCK TITAN

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, Inc. (NYSE: ASAN), a leading work management platform, announced the appointment of Krista Anderson-Copperman to its Board of Directors. With over 20 years in the industry, including senior roles at Okta and Salesforce, Anderson-Copperman brings extensive experience with enterprise customers. CEO Dustin Moskovitz highlighted her ability to drive value through increased adoption. Asana supports over 126,000 paying customers globally, assisting organizations in work management and digital transformation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
Tags
management
-
Rhea-AI Summary

Asana, Inc. (NYSE: ASAN) has released its inaugural environmental, social, and governance (ESG) report for fiscal year 2022, ending January 31, 2022. The report aligns with SASB Standards for the Software and IT Services industry. Asana emphasizes its commitment to transparency, diversity, and data security, with an information security program audited to SOC 2 Type II standards and certifications in ISO 27001, 27017, and 27018. The company has been carbon-neutral since 2019 and supports sustainability efforts through initiatives like investing in LEED-certified buildings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.7%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.63%
Tags
none
Rhea-AI Summary

Asana, a leading work management platform, has introduced innovations designed to enhance team collaboration and productivity. Their new features include 'My Goals' for aligning individual contributions to company objectives and 'Automatic Progress Roll-Ups' for real-time insights, reducing status meeting frequency. With the launch of focus tools and integrations for Google Workspace and Figma, Asana aims to minimize unnecessary tasks and empower employees to concentrate on impactful work. This initiative addresses employee burnout caused by excessive meetings and unclear priorities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.09%
Tags
none
-
Rhea-AI Summary

Asana, Inc. (NYSE: ASAN), a leading work management platform, announced that CFO Tim Wan will present at the Baird 2022 Global Consumer, Technology & Services Conference on June 7, 2022, at 5:30 a.m. PT. A live webcast of the presentation will be accessible on Asana's investor website. With over 126,000 paying customers in 190 countries, Asana supports organizations like Amazon and Japan Airlines in managing projects and strategic initiatives. For more details, visit www.asana.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
conferences
-
Rhea-AI Summary

Asana, Inc. reported first-quarter fiscal 2023 revenues of $120.6 million, marking a 57% year-over-year increase. Noteworthy growth was seen in customers spending over $5,000 annually, up 73%, and those spending over $50,000, increasing by 102% to 979 customers. Despite revenue growth, the company faced a GAAP operating loss of $96.2 million, significantly higher than the previous year's $50.0 million loss. Looking ahead, Asana expects second-quarter revenues between $127.0 million and $128.0 million, projecting a 42% to 43% growth year-over-year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.64%
Tags
Rhea-AI Summary

Asana (NYSE: ASAN) has partnered with Align Technology to introduce Asana Smiles™, a HIPAA-compliant workflow solution for U.S. orthodontic practices using the Invisalign system. This collaboration aims to streamline various aspects of patient management, such as booking consultations, submitting prescriptions, and tracking treatment progress. Early feedback from orthodontists indicates that the tool enhances practice efficiency and patient focus. Asana is also expanding its healthcare offerings, bolstered by new data protection certifications for enhanced compliance and security.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
partnership
-
Rhea-AI Summary

Align Technology announces a partnership with Asana to launch Asana Smiles™, a workflow solution tailored for Invisalign-trained doctors in the U.S. This platform allows dental practices to efficiently manage patients' treatment journeys, from consultations to aligner delivery. The solution is designed to integrate seamlessly with existing systems, enhancing practice efficiency and patient care. It will be showcased at the American Association of Orthodontists' Annual Session from May 21-24, 2022, and is set for release next month, with future expansion plans.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
partnership
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.65%
Tags
none
Rhea-AI Summary

Asana, Inc. (NYSE: ASAN) will release its first quarter fiscal year 2023 financial results on June 2, 2022, after U.S. market close. A webcast to discuss these results will take place the same day at 1:30 p.m. Pacific time. Asana is a prominent work management platform utilized by over 119,000 paying customers globally, including major companies like Amazon and Japan Airlines. The company helps teams manage various projects and strategic initiatives effectively, reinforcing its position in the collaborative work management sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.94%
Tags

FAQ

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

The current stock price of Asana (ASAN) is $21.68 as of December 20, 2024.

What is the market cap of Asana (ASAN)?

The market cap of Asana (ASAN) is approximately 4.9B.

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

4.90B
82.89M
42.37%
41.99%
3.8%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO