Domo (DOMO) Releases Q4 2019 Earnings Guidance
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.
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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