"As I reflect on my journey since co-founding Asana nearly 17 years ago, I'm filled with immense gratitude," Moskovitz said in a statement. "Creating and leading Asana has been more than just building a company — it's been a profound privilege to work alongside some of the most talented minds in the industry."
Asana said fourth-quarter sales rose 10% year over year to $188.3 million, which was in line with analysts' estimates. The company said its adjusted earnings per share was breakeven, ahead of analysts' estimates of a loss of one cent per share.
Asana said it expects fiscal first-quarter revenue of $184.5 million to $186.5 million, trailing analysts' expectations of $191 million.
Asana's stock price was down more than 25% in after-hours trading Monday.