Asana (ASAN) Sees Growth After Earnings

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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