Investing.com - Asana reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Asana announced earnings per share of $-0.26 on revenue of $141.4M. Analysts polled by Investing.com anticipated EPS of $-0.33 on revenue of $139.01M.
Asana shares are down 75.75% from the beginning of the year and are trading at $15.95 , down-from-52-week-high.
Asana shares lost 11.78% in after-hours trade the report.
Asana follows other major Information Technology sector earnings this month
Asana's report follows an earnings missed by NVIDIA on November 16, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on November 16 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
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