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

Domo

30/11/2023 22:02

* Domo Inc  DOMO.OQ  reported quarterly breakeven results​​
per
share for the quarter ended in October, higher than the same
quarter last year, when the company reported EPS of -13 cents. 
The mean expectation of five analysts for the quarter was for a
loss of 12 cents per share. Wall Street expected results to
range from -13 cents to -11 cents per share.
    * Revenue rose 0.8% to $79.68 million from a year ago;
analysts
expected $79.02 million. 
    * Domo Inc's reported EPS for the quarter was a loss of 45
cents​.
    * The company reported a quarterly loss of $16.41 million.
    * Domo Inc shares had fallen by 2.1% this quarter and
lost 32.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
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." 
    * Wall Street's median 12-month price target for Domo Inc is
$15.00 

This summary was machine generated from LSEG data November 30 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      -0.12          0.00           Beat
 Jul. 31 2023      -0.09          -0.02          Beat
 Apr. 30 2023      -0.17          -0.17          Met
 Jan. 31 2023      -0.09          -0.02          Beat