Domo: Fiscal 3Q Earnings Snapshot
Posted December 3, 2020 4:21 pm.
Last Updated December 3, 2020 4:24 pm.
AMERICAN FORK, Utah (AP) _ Domo, Inc. (DOMO) on Thursday reported a loss of $22.2 million in its fiscal third quarter.
The American Fork, Utah-based company said it had a loss of 75 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 40 cents per share.
The company posted revenue of $53.6 million in the period.
For the current quarter ending in January, Domo expects its per-share earnings to range from 42 cents to 46 cents.
The company said it expects revenue in the range of $53.3 million to $54.3 million for the fiscal fourth quarter.
Domo expects full-year earnings in the range of $1.83 to $1.87 per share, with revenue ranging from $206.6 million to $207.6 million.
Domo shares have climbed 76% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $38.26, a rise of 92% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOMO at https://www.zacks.com/ap/DOMO
The Associated Press
