Work management software maker Asana (NYSE: ASAN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 8.6% year on year to $187.3 million. Guidance for next quarter’s revenue was better than expected at $193 million at the midpoint, 0.5% above analysts’ estimates. Its non-GAAP profit of $0.05 per share was significantly above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
A number of stocks jumped in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.
Looking back on productivity software stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Asana (NYSE:ASAN) and its peers.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the productivity software industry, including DocuSign (NASDAQ:DOCU) and its peers.
In a sliding market, Asana has defied the odds, trading up to $13.74 per share. Its 9.6% gain since September 2024 has outpaced the S&P 500’s 1.7% drop. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Shares of work management software maker Asana (NYSE: ASAN)
jumped 5.9% in the afternoon session as markets experienced a boost after data from the Bureau of Labor Statistics revealed that inflation for the month of February 2025 came in better than expected. The CPI rose 0.2% from the previous month (vs estimates for a 0.3% increase), while headline inflation rose 2.8% year on year (vs estimates for a 2.9% y/y increase). The data revealed inflation continued to edge closer to the Fed's 2% target, but not quite there yet. The reaction wasn't anything wild, but the sentiment leaned positive. The Nasdaq led the way, climbing 1.4%, boosting some tech stocks.
