Domo Inc reports results for the quarter ended in January - Earnings Summary

Domo

08/03/2024 24:11

* Domo Inc  DOMO.OQ  reported a quarterly adjusted loss of 5
cents​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of -2
cents.  The mean expectation of five analysts for the quarter
was for a loss of 5 cents per share. Wall Street expected
results to range from -8 cents to 1 cents per share.
    * Revenue rose 0.7% to $80.18 million from a year ago;
analysts
expected $79.54 million. 
    * Domo Inc's reported EPS for the quarter was a loss of 51
cents​.
    * The company reported a quarterly loss of $18.69 million.
    * Domo Inc shares had risen by 13.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Domo Inc is
$14.00 
This summary was machine generated from LSEG data March 8 at
12:10 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      -0.05          -0.05          Met
 Oct. 31 2023      -0.12          0.00           Beat
 Jul. 31 2023      -0.09          -0.02          Beat
 Apr. 30 2023      -0.17          -0.17          Met