Shares of several software companies, including Palantir Technologies Inc (NYSE:PLTR) 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%.
Palantir Technologies provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes.
Palantir has a 52-week high of $45.00 and a 52-week low of $17.06.
