Domo Inc reports results for the quarter ended in July 31 - Earnings Summary

Domo

29/08/2024 22:01

* Domo Inc  DOMO.OQ  reported a quarterly adjusted loss of 7
cents​​ per share for the quarter ended July 31, 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 28 cents per share. Wall Street expected
results to range from -29 cents to -27 cents per share.
    * Revenue fell 1.6% to $78.41 million from a year ago;
analysts
expected $76.60 million. 
    * Domo Inc's reported EPS for the quarter was a loss of 51
cents​.
    * The company reported a quarterly loss of $19.49 million.
    * Domo Inc shares had fallen by 0.1% this quarter and
lost 25.1%
so far this year.

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 1 "strong buy" or "buy," 4
"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 8.00 
This summary was machine generated from LSEG data August 29 at
09:01 p.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
 Jul. 31 2024      -0.28          -0.07          Beat
 Apr. 30 2024      -0.23          -0.33          Missed
 Jan. 31 2024      -0.05          -0.05          Met
 Oct. 31 2023      -0.12          0.00           Beat