secwatch.observer — SEC 8-K summary
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Issuer:     Asana, Inc. (ASAN)
CIK:        0001477720
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001477720-24-000105
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asana Q3 revenue $183.9M (+10% YoY) tops guidance; raises FY2025 outlook
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- Revenue $183.9M (+10% YoY) above guidance high end; non-GAAP EPS loss $0.02 vs guided $0.03-0.04 loss.
- GAAP operating loss narrowed to $60.2M (33% of revenue) from $63.4M (38%) YoY; non-GAAP op loss $7.6M.
- Core customers ($5k+ annual spend) grew 11% to 23,609; customers spending $100k+ grew 18% to 683.
- Launched AI Studio, no-code AI agent builder; on track for positive free cash flow in Q4.
- Q4 revenue guidance $187.5-188.5M (+10% YoY); FY2025 revenue outlook raised to $723-724M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477720/000147772024000105/0001477720-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477720/000147772024000105/asan-20241205.htm
  HTML page:      https://secwatch.observer/filing/0001477720-24-000105

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