What changed
ASAN printed Q2 FY27 adjusted EPS of $0.10 with revenue of $216M, up 10% YoY and above the high end of guidance. Management guided Q3 FY27 adjusted EPS to $0.08 and FY2027 adjusted EPS to $0.37. Non-GAAP operating margin expanded ~300 bps YoY to 10%, while overall dollar-based net retention improved to 97%.
Why it matters
ASAN printed Q2 FY27 adjusted EPS of $0.10 with revenue of $216M, up 10% YoY and above the high end of guidance. Management guided Q3 FY27 adjusted EPS to $0.08 and FY2027 adjusted EPS to $0.37. Non-GAAP operating margin expanded ~300 bps YoY to 10%, while overall dollar-based net retention improved to 97%.