NYSE:ASAN - New York Stock Exchange, Inc. - US04342Y1047 - Common Stock
ASANA INC - CL A
NYSE:ASAN (1/17/2025, 8:04:00 PM)
Premarket: 19.48 +0.14 (+0.72%)19.34
-0.49 (-2.47%)
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -29.24% | ||
ROE | -106.84% | ||
Debt/Equity | 0.17 |
Shares of work management software maker Asana (NYSE: ASAN) jumped 9% in the morning session as the major indices soared (Nasdaq +1.9%, S&P 500 +1.6%) after the Bureau of Labor Statistics reported that core CPI (Consumer Price Index - a measure of inflation which strips out volatile food and energy prices) for December 2024 came in better than expected, rising 3.2% year over year, compared to the consensus estimate for a 3.3% increase. This means that PPI and CPI both came in slightly below expectations. It is important because the results take additional rate hikes off the table, which some investors and market participants were beginning to whisper about.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the project management software industry, including Atlassian (NASDAQ:TEAM) and its peers.
Asana, Inc. engages in the business of developing a work management platform that helps organizations orchestrate work from daily tasks to cross-functional strategic initiatives. The company is headquartered in San Francisco, California and currently employs 1,840 full-time employees. The company went IPO on 2020-09-30. The firm's platform automates complex operational workflows, such as product launches and employee onboarding, resource planning, tracking company-wide strategic initiatives and more. Its platform adds structure to unstructured work, creating clarity, accountability, and impact for everyone within an organization - individuals, team leads, and executives - so they understand exactly who is doing what, and by when. The Asana Work Graph is the technology that makes it possible for every individual and team to view their work in a way that is personally relevant to them, while maintaining a single, up-to-date, record of every goal, portfolio, project, and task. The Asana platform maintains a robust application programming interface (API) that enables developers to build apps on Asana and integrate efficiently with applications like Microsoft Teams, Slack, Jira, Salesforce, Gmail, Adobe Creative Cloud and many more.
ASANA INC - CL A
633 Folsom Street, Suite 100
San Francisco CALIFORNIA 94103 US
CEO: Dustin Moskovitz
Employees: 1840
Company Website: https://asana.com/
Investor Relations: https://investors.asana.com/
Phone: 14155253888
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
CRM | SALESFORCE INC | 33.46 | 310.60B | ||
SAP | SAP SE-SPONSORED ADR | 55.45 | 306.59B | ||
ADBE | ADOBE INC | 23.34 | 189.28B | ||
INTU | INTUIT INC | 35.54 | 169.11B | ||
PLTR | PALANTIR TECHNOLOGIES INC-A | 205.06 | 163.42B | ||
APP | APPLOVIN CORP-CLASS A | 103.74 | 114.89B | ||
MSTR | MICROSTRATEGY INC-CL A | N/A | 97.09B | ||
CDNS | CADENCE DESIGN SYS INC | 55.87 | 83.81B | ||
SNPS | SYNOPSYS INC | 39.34 | 81.42B | ||
WDAY | WORKDAY INC-CLASS A | 35.92 | 66.40B | ||
TEAM | ATLASSIAN CORP-CL A | 82.74 | 65.75B | ||
ADSK | AUTODESK INC | 35.2 | 62.66B |