Asana shares surge nearly 30% on strong earnings beat and solid outlook

 


Originally Published:

https://siliconangle.com/2023/03/08/asana-shares-surge-nearly-30-strong-earnings-beat-solid-outlook/
 
Shares in Asana Inc. surged nearly 30% in late trading after the work management software company surprised investors with earnings and revenue beats and a mostly better-than-expected outlook. revenue for its fourth quarter that ended Jan. 31, Asana reported a loss before costs such as stock compensation of $33.2 million, or 15 cents per share, down from a loss of $46.9 million, or 25 cents per share, in the same quarter of last year. Revenue rose 34% from a year ago, to $150.2 million. Analysts had been expecting a loss of 27 cents per share on revenue of $144.85 million.
 

Cost of Asana:

 
Asana is a popular project management tool that offers a range of features, including task management, team collaboration, and project tracking. The cost of asana is based on different pricing plans, including a free plan for individuals and small teams. The free plan allows for up to 15 team members and includes basic features such as task management, basic search, and basic integrations. Asana's premium plans start at $10.99 per user per month when billed annually, and include additional features such as custom fields, advanced search, and portfolio management.

Asana Software Alternatives

Cost of Smartsheet:



Smartsheet is a cloud-based project management tool that offers a range of features, including project planning, task management, and team collaboration. Smartsheet offers a free trial, after which pricing starts at $14 per user per month when billed annually for the Individual plan. This plan includes features such as Gantt charts, dashboards, and automated workflows.

Smartsheet's Team plan is priced at $15 per user per month when billed annually and includes additional features such as resource management, time tracking, and reporting. The cost of  Smartsheet Business plan is $25 per user per month when billed annually and includes additional features such as custom branding, single sign-on, and premium support. Smartsheet's Enterprise plan is available for organizations with more than 50 users and includes additional security and customization features. The pricing for Smartsheet's Enterprise plan is not publicly available and is based on individual requirements.

Cost of Jira:



Jira is a popular project management tool that is designed for software development teams. Jira offers a range of features, including agile project management, issue tracking, and team collaboration. It offers a free trial after Jira cost starts at $7 per user per month when billed annually for the Standard plan. This plan includes features such as agile boards, customizable workflows, and reporting.

Jira's Premium plan is priced at $14 per user per month when billed annually and includes additional features such as advanced roadmaps, automation, and identity management. Jira's Enterprise plan is available for organizations with more than 500 users and includes additional security and customization features. The pricing for Jira's Enterprise plan is not publicly available and is based on individual requirements of teams that require agile project management and issue tracking capabilities.

Read more: Bluebeam sponsors the Digital Construction Awards 2023

Overall, the cost of these tools can vary depending on the plan that you choose and the number of users in your organization. Asana's pricing is competitive, especially for small to medium-sized teams, with its free plan and affordable premium plans. Smartsheet's pricing is also reasonable, with its focus on project planning and automation, and it is well-suited for larger teams. Jira's pricing may be higher compared to other options, but it offers advanced features for software development teams, making it a valuable investment for organizations in this field.

Final Words

In conclusion, it is essential to carefully consider the cost and features of project management software when selecting a tool for your organization. Whether you choose Asana, Smartsheet, or Jira, each tool has its own strengths and weaknesses, and it is important to choose the one that aligns with your organization's needs and goals. By carefully evaluating your options and selecting the right tool, you can streamline your project management processes and improve your team's productivity and efficiency.

 Read also: Education project management software

 

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