secwatch.observer — SEC 8-K summary
======================================

Issuer:     Asana, Inc. (ASAN)
CIK:        0001477720
Form:       8-K
Filed at:   2021-09-01T23:59:59+00:00
Accession:  0001477720-21-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asana Q2 revenue $89.5M (+72% YoY); raises FY22 revenue outlook to $357-359M
----------------------------------------------------------------------------

- Revenue $89.5M (+72% YoY); GAAP net loss $68.4M ($0.40 loss per share).
- Non-GAAP net loss $39.8M, loss per share $0.23.
- Customers spending $50k+ annualized up 111% to 598; net retention rate >145% for this cohort.
- Raised FY22 revenue guidance to $357-359M (57-58% YoY growth); Q3 guidance $93-94M revenue.
- Free cash flow negative $9.3M, improved from negative $21.9M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477720/000147772021000049/0001477720-21-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477720/000147772021000049/asan-20210901.htm
  HTML page:      https://secwatch.observer/filing/0001477720-21-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer