Domo (NASDAQ:DOMO – Get Free Report) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided EPS guidance of $(0.17)-$(0.13) for the period, compared to the consensus EPS estimate of ($0.17). The company issued revenue guidance of $77.5-78.5 million, compared to the consensus revenue estimate of $78.06 million. Domo also updated its FY 2025 guidance to -0.640–0.600 EPS.
Domo Stock Down 2.4 %
NASDAQ:DOMO traded down $0.24 on Thursday, reaching $9.74. 469,291 shares of the company’s stock were exchanged, compared to its average volume of 370,511. The business has a fifty day moving average of $8.26 and a 200-day moving average of $7.72. Domo has a 52-week low of $6.11 and a 52-week high of $12.23.
Domo (NASDAQ:DOMO – Get Free Report) last released its earnings results on Thursday, December 5th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.27). The business had revenue of $79.68 million for the quarter, compared to the consensus estimate of $77.56 million. The company’s revenue for the quarter was down .1% compared to the same quarter last year. Analysts predict that Domo will post -2.31 EPS for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on DOMO
Insider Activity
In other news, CFO David R. Jolley bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of $6.99 per share, with a total value of $69,900.00. Following the transaction, the chief financial officer now directly owns 291,465 shares in the company, valued at $2,037,340.35. This trade represents a 3.55 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 14.04% of the company’s stock.
About Domo
Domo, Inc, together with its subsidiaries, operates a cloud-based business intelligence platform in North America, Western Europe, Canada, Australia, and Japan. Its platform digitally connects from the chief executive officer to the frontline employee with the various people, data, and systems in an organization, as well as giving them access to real-time data and insights, and allowing them to manage business via various browsers and visualization engines accessible across laptops, TV screens, monitors, tablets, and smartphones.
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