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

Domo

05/12/2024 22:01

* Domo Inc  DOMO.OQ  reported a quarterly adjusted loss of 8
cents​​ per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported breakeven
earnings per share.  The mean expectation of five analysts for
the quarter was for a loss of 15 cents per share. Wall Street
expected results to range from -15 cents to -14 cents per share.
    * Revenue rose 0.1% to $79.76 million from a year ago;
analysts
expected $77.54 million. 
    * Domo Inc's reported EPS for the quarter was a loss of 48
cents​.
    * The company reported a quarterly loss of $18.76 million.
    * Domo Inc shares had risen by 32.9% this quarter and
lost 3.0% 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 December 5 at
10:01 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
 Oct. 31 2024      -0.15          -0.08          Beat
 Jul. 31 2024      -0.28          -0.07          Beat
 Apr. 30 2024      -0.23          -0.33          Missed
 Jan. 31 2024      -0.05          -0.05          Met