secwatch.observer — SEC 8-K summary
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Issuer:     Asana, Inc. (ASAN)
CIK:        0001477720
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001477720-24-000075
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asana Q2 FY2025 revenue rises 10% to $179.2M; CEO Moskovitz announces plan to buy up to 13.5M shares
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- Revenue grew 10% YoY to $179.2M; GAAP net loss per share $0.31, non-GAAP net loss per share $0.05.
- Customers spending $100k+ annualized reached 649, up 17% YoY; core customers grew 10% to 22,948.
- Operating cash flow $15.9M, free cash flow $12.8M; launched AI teammates for general availability.
- CEO Dustin Moskovitz intends to enter a Rule 10b5-1 trading plan to purchase up to 13.5M shares of Class A common stock, starting no earlier than Dec 10, 2024.
- Asana guided Q3 FY2025 revenue $180M-$181M and full fiscal 2025 revenue $719M-$721M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477720/000147772024000075/0001477720-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477720/000147772024000075/asan-20240903.htm
  HTML page:      https://secwatch.observer/filing/0001477720-24-000075

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