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2023

Domo: Fiscal Q1 Earnings Snapshot

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AMERICAN FORK, Utah (AP) — AMERICAN FORK, Utah (AP) — Domo, Inc. (DOMO) on Thursday reported a loss of $24.4 million in its fiscal first quarter.

The American Fork, Utah-based company said it had a loss of 69 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 17 cents per share.

The company posted revenue of $79.5 million in the period.

For the current quarter ending in July, Domo expects its results to range from a loss of 11 cents per share to a loss of 7 cents per share.

The company said it expects revenue in the range of $78.5 million to $79.5 million for the fiscal second quarter.

Domo expects full-year results to range from a loss of 39 cents per share to a loss of 27 cents per share, with revenue ranging from $323 million to $330 million.

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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

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