Why did ASAN's Q3 2025 EPS exceed forecasts significantly?
4/3/2025 05:39pm
Asana's Q3 2025 EPS did not exceed forecasts significantly. The EPS guidance provided by Asana for Q3 2025 was -$0.070, which was in line with the consensus estimate of -$0.040. Therefore, the company's EPS did not beat expectations by a significant margin. However, it is important to note that Asana's revenue for the quarter was slightly higher than expected, with the company reporting revenue of $183.9 million, which exceeded expectations. This revenue growth, coupled with the launch of the company's new AI product, AI Studio, may have contributed to the significant surge in Asana's stock price following the release of Q3 results.