Asana, Inc. (NYSE:ASAN) reported its second-quarter financial results after Tuesday's closing bell. Here's a look at the details from the report.
The Details: Asana reported quarterly losses of five cents per share, which beat the analyst estimate of losses of eight cents per share. Quarterly revenue clocked in at $179.212 million, beating the $177.654 million consensus estimate.
Core customers, or customers spending $5,000 or more on an annualized basis, grew to 10% year-over-year.
Revenues from Core customers grew 11%year-over-year in the quarter.
The number of customers spending $100,000 or more on an annualized basis grew to 649, an increase of 17% year-over-year.
Overall dollar-based net retention rate was 98%.
Dollar-based net ...