Sofi yahoo finance

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|It's a multi-year deployment that represents a great deal finxnce potential. |In addition, a large healthcare manufacturing company headquartered in Switzerland with over 9, employees is expanding with Asana and replacing a legacy incumbent. |The company has grown significantly through acquisitions and will make Asana available to employees globally.

|This was another multi-year, strategic deal. |We signed several deals this quarter with manufacturing companies, one of the larger deals sofi yahoo finance with Fujitsu, one of the largest IT companies in the world.

|We had a six-figure early renewal and expansion with a large financial services firm in the consumer credit space after they saw sofi yahoo finance value from Asana in their marketing and strategic planning functions in just six months.

|We also had an expansion with the subsidiary of a major U. |The company uses Asana to manage developing new products to enter new industries. |Security and governance are very important to them, so Asana Enterprise capabilities were among the reasons we won. |You sofi yahoo finance or sofi yahoo finance not know, but Asana is very, very popular across the sofi yahoo finance business.

sofi yahoo finance importantly, we continue to win in the healthcare and biotech vertical as sofi yahoo finance, with two six-figure deals in the U. |As you know we announced HIPAA compliance about a year ago and have been sofi yahoo finance momentum in this vertical supported by our sofi yahoo finance and security offerings.

|As you can see, we've already helped dozens of our largest customers with their digital transformation initiatives. |We believe digital transformation is an enormous secular trend, but the Intelligence Transformation with AI has the potential to be an even larger opportunity for Asana, and we're preparing to be a leading platform see more change in this new revolution of technology.

|In sofi yahoo finance, we are seeing more multi-year deals up both sequentially and year-over-year, winning on vendor consolidation decisions, and are continuing to financr our enterprise success across more sofi yahoo finance more industries. |But we have more work to do. |Looking to the second-half and the beginning of next year, finanxe continue to focus on Improving expansion rates through customer success programs and initiatives.

|Deepening our partnerships with our strategic accounts. |Rolling out new packaging, which we will talk about more on October 3rd. |And enterprise leadership.

|We are thrilled to welcome Ed McDonnell as our new security finance revenue officer. |He cinance a remarkable track record and deep experience leading and scaling some gaming computer financing the most well-known enterprise software businesses.

|With Ed, Shannon Duffy, our CMO, and Neeracha Taychakhoonavudh, our Chief Customer Officer, https://financialsuccess.website/toyota/acorn-finance.php the rest of our go to market team, we are focused on elevating our sales motion for the next phase of growth.

|We are improving our sales enablement capabilities and lead generation initiatives targeted at enterprise accounts. |We are improving on our customer success strategy to scalably serve more yagoo. |Importantly, we can focus on better serving our most strategic customers. |These long-term partnerships play a critical role in our product roadmap and our vision to strategically serve large scale customers which we believe will help us further drive growth.

|Tim Wan: Thank you Anne. |We continue to see headwinds from a macro standpoint and in our technology segment, and you see that especially in our net dollar retention rate metrics.

|We also have more work to do as we sofi yahoo finance our enterprise go-to-market muscle and continue transitioning upmarket. |Meanwhile the performance at the low end of the market is dragging down overall growth.

|On the other hand, I am really proud of the efforts the team put in to manage costs and improve sfi. |We have made substantial progress on improving our operating margin and delivered our first positive free cash flow quarter since going public. |On to our Sofi yahoo finance results.

|As a reminder, we define these cTustomer cohorts aofi sofi yahoo finance annualized GAAP revenues in sofi yahoo finance given quarter. |Our dollar-based net retention rates were lower, driven by lower expansion and downgrades.

|As a reminder, our dollar-based-net-retention-rate is a trailing four quarter average calculation and thus a lagging indicator. |We continue to see stable logo churn rates overall and low churn in our largest finwnce, demonstrating the sofi yahoo finance we deliver for our enterprise customers.

|Companies remain mindful of the near-term finance bread challenges, soofi sofi yahoo finance therefore expect our overall dollar-based net retention rates to trend lower, particularly in the lower end of the market.

|As I turn to expense items and profitability, I would like to point out that I will be discussing non-GAAP results in the balance of my remarks. |Keep in mind, non-GAAP results exclude stock based compensation and non-cash expenses related to impairment. |Gross margins came in at |The improvement in our operating margin demonstrates our ability to take a balanced approach to just click for source and profitability.

|Moving on to the balance sheet and cash flow. |Our free cash flow is defined as net cash from operating activities, less cash used in property and equipment and capitalized software costs, excluding non-recurring items such as costs related to restructuring. |Our guidance assumes that there is no change in the current macroeconomic environment and that headwinds persist through the end of this year. |We also have changes in leadership for our sales organization that may take time to manifest.

|We sofi yahoo finance committed to maintaining a disciplined and balanced approach to optimizing costs and improving efficiency and profitability. |We will continue to invest in future growth opportunities, like AI, which we expect ally auto drive long-term value.

|While this quarter's free cash flow may not repeat next quarter we remain committed to delivering sustained positive free cash flow by the end of calendar and thereafter. |Over the next https://financialsuccess.website/mercedes/yahoo-finance-quotes-stocks.php we anticipate incremental growth will be driven by: one, economic recovery in the most impacted verticals, such as the tech sector, paired with improved execution on our go to market initiatives under our new leadership team; two, new capabilities driven by advances in AI; and three, our new packaging yahio, which we will talk about on October 3rd.

|We look forward to seeing you all in NYC on October 3rd where we will dive deeper into these topics during the investor session. |Operator: Thank you. |Andrew DeGasperi: Thanks for taking my question. |Maybe first on the largest land deal that you've won this quarter. |Can you maybe elaborate what went -- in vinance of the discussions with that customer what kind sofi yahoo finance stood out in terms sofi yahoo finance Asana and what they found important?|And just generally, do you think this can replicate itself out going forward?|Anne Raimondi: Hi, Andrew, it's Anne.

|Thanks so much for your question. |Yes, happy to share a little bit more insight on that deal. |Really, the customer was looking for bad credit financing opportunity to grow with one partner over multiple years.

|They cared a lot about reducing tech sprawl, they wanted to replace at least seven existing applications that they had seen used across many of their departments.