Asana (ASAN) earnings were released Wednesday, March 8th. Alex Coffey and Jenny Horne discuss ASAN's sizable move higher today. They talk about how ASAN's revenue came in at $150.23M versus an estimated $145.13M and its 4Q adjusted EPS came in at -$0.15 versus an estimated -$0.27. They note that ASAN sees its FY24 adjusted EPS of -$0.59 to -$0.55. Alex then demonstrates an example trade using ASAN. The trade type is buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.
Next Gen Investing
09 Mar 2023
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