asana inc shares fell 5 to 2286 in early trading friday after the company posted a wider firstquarter loss despite rising sales after the market closed thursday the work management platform developer said that rising costs and operating expenses pushed its net loss to 989 million for its fiscal first quarter to april 30 compared with a loss of 607 million in the same quarter a year ago the company reported an adjusted loss of 30 cents a share analysts surveyed by factset had been expecting an adjusted loss of 36 cents a share revenue for the quarter rose 57 to 1206 million beating its own guidance as well as analyst expectations for revenue of 115 million according to factset asana said it expects to post an adjusted loss of between 38 cents and 39 cents a share in the next quarter and for its quarterly revenue to grow between 42 and 43 to a range of 127 million and 128 million in line with analyst expectations