Asana beats Q2 2027 earnings and revenue estimates with strong customer retention and enterprise growth

Asana reported Q2 fiscal 2027 earnings with EPS of $0.10, surpassing the $0.09 estimate, and revenue of $216.43 million, beating the $214.15 million forecast. This marks a 10% revenue increase year-over-year and the fourth consecutive quarter exceeding revenue expectations. Growth was driven by improved customer retention, with a 97% net retention rate, and strong performance in its enterprise segment, where revenue from core customers grew 11%. Despite a soft outlook, Asana's solid quarterly results highlight its resilience and potential for continued growth.