โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $0.10 (Est. $0.09) โ
โข Revenue: $216.4M (Est. $214.16M) โ , +10% YoY.
โข Adj. Operating Income: $21.8M, up from $14.0M a year ago.
โข Adj. Operating Margin: 10%, +300 bps YoY.
โข Adj. Free Cash Flow: $42.3M, up from $35.4M a year ago.
โข Dollar-Based Net Retention Rate: 97%.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q3 FY2027 Revenue: $217Mโ$219M (Est. $218.21M).
โข Q3 FY2027 Adj. EPS: $0.08 (Est. $0.09) โ
โข FY2027 Revenue: $858.5Mโ$863.5M (Est. $860.83M), raised.
โข FY2027 Adj. EPS: $0.37 (Est. $0.37).
โข FY2027 Adj. Operating Income: $84.5Mโ$86.5M, with ~10% operating margin, raised.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue grew 10% and exceeded consensus, while Adj. operating margin expanded roughly 300 bps to 10%.
โข Net retention improved across every reported customer cohort, with overall NRR reaching 97%.
โข Customers spending $100K+ annually increased 16% YoY to 890, while revenue from Core customers grew 11%.
โข Asana raised its FY2027 revenue and Adj. operating margin outlook, although Q3 Adj. EPS guidance came in below consensus.
โข Agentic Work Management launches in Q3, bringing AI Teammates, AI Studio and Asana Dash to every paid tier.
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๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โOur core business continues to strengthen, with improving retention, accelerating growth in our upmarket motion and broad-based momentum across industries and geographies.โ