Asana, Inc. (NYSE:ASAN) shares jumped more than 18% on Thursday after the company reported better-than-expected Q4 results and the CEO announced plans to buy 30 million shares. EPS was ($0.15), better than the Street estimate of ($0.27). Revenue came in at $150.2 million, beating the Street estimate of $145.08 million.
For Q1/24, the company expects EPS in the range of ($0.19)-($0.18), compared to the Street estimate of ($0.23), and revenue in the range of $150-$151 million, compared to the Street of $149.97 million.
For the full year, the company expects EPS in the range of ($0.59)-($0.55), compared to the Street estimate of ($0.80), and revenue in the range of $638-$648 million, compared to the Street estimate of $645.84 million.