These Analysts Increase Their Forecasts On Asana Following Upbeat Q2 Results
Asana beats Q2 estimates and raises full-year revenue guidance, but offers soft Q3 EPS outlook; shares fall 14% as analysts lift price targets.
Asana did better than expected this quarter and promised higher sales for the whole year, which is good news. But the stock went down because people worried about next quarter's profits, even though smart watchers raised their hopes for the stock price.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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