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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