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DOMO, INC. Q4 Loss Increases, But Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

DOMO, INC. (DOMO) announced Loss for its fourth quarter that decreased from the same period last year and beat the Street estimates.

The company's bottom line came in at -$18.69 million, or -$0.51 per share. This compares with -$17.68 million, or -$0.45 per share, last year.

Excluding items, DOMO, INC. reported adjusted earnings of -$1.91 million or -$0.05 per share for the period.

Analysts on average had expected the company to earn -$0.16 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 1.8% to $80.18 million from $78.77 million last year.

DOMO, INC. earnings at a glance (GAAP) :

-Earnings: -$18.69 Mln. vs. -$17.68 Mln. last year.
-EPS: -$0.51 vs. -$0.45 last year.
-Revenue: $80.18 Mln vs. $78.77 Mln last year.

-Guidance:
Next quarter revenue guidance: $77.5 - $78.5 Mln

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