Shares of several companies in the broader tech sector, including Affirm Holdings Inc (NASDAQ:AFRM) are trading lower in sympathy with Asana (NYSE:ASAN) and DocuSign (NASDAQ:DOCU) after the companies reported their third-quarter earnings results.
Asana reported quarterly losses of 23 cents per share which beat the analyst consensus estimate of a loss of 26 cents per share. The company reported quarterly sales of $100.30 million which beat the analyst consensus estimate of $93.86 million by 7%.
DocuSign reported quarterly earnings of 58 cents per share which beat the analyst consensus estimate of 46 cents per share. The company reported quarterly sales of $545.46 million which beat the analyst consensus estimate of $530.63 million by 3%.
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions and a consumer-focused app.
Affirm has a 52-week high of $176.75 and a 52-week low of $46.50.
