Domo (NASDAQ:DOMO) issued an update on its fourth quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-1.27–1.23 for the period, compared to the Thomson Reuters consensus estimate of $-1.39. The company issued revenue guidance of $37.5-37.9 million, compared to the consensus revenue estimate of $35.73 million.Domo also updated its FY 2019 guidance to $-8.83–8.79 EPS.

Domo stock opened at $20.40 on Friday. Domo has a 1-year low of $13.28 and a 1-year high of $28.86. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.25 and a quick ratio of 2.25.

Domo (NASDAQ:DOMO) last released its quarterly earnings data on Thursday, December 6th. The company reported ($1.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.38) by $0.32. The business had revenue of $36.80 million during the quarter, compared to analysts’ expectations of $34.98 million. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. On average, sell-side analysts predict that Domo will post -9.55 EPS for the current year.

A number of research analysts recently weighed in on DOMO shares. Zacks Investment Research lowered shares of Domo from a buy rating to a hold rating in a research note on Wednesday, November 7th. JMP Securities lifted their price objective on shares of Domo from $30.00 to $35.00 and gave the company an outperform rating in a research note on Friday, September 7th. Morgan Stanley lifted their price objective on shares of Domo from $28.00 to $29.00 and gave the company an overweight rating in a research note on Friday, September 7th. Finally, Credit Suisse Group lifted their price objective on shares of Domo from $25.00 to $27.00 and gave the company an outperform rating in a research note on Friday, September 7th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Domo presently has a consensus rating of Buy and an average price target of $26.43.

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About Domo

Domo, Inc operates a cloud-based platform in the United States. Its platform digitally connects chief executive officer to the frontline employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones.

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