Domo Inc reports results for the quarter ended April 30 - Earnings Summary

• Domo Inc DOMO.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of five analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -20 cents to -19 cents per share.

• Revenue rose 0% to $80.11 million from a year ago; analysts expected $77.91 million.

• Domo Inc's reported EPS for the quarter was a loss of 45 cents​.

• The company reported a quarterly loss of $18.05 million.

• Domo Inc shares had risen by 10.2% this quarter and gained 20.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.8% 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 "buy."

• Wall Street's median 12-month price target for Domo Inc is $9.00

This summary was machine generated from LSEG data May 21 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)