Domo (DOMO) To Report Q3 Earnings: What's In The Cards?
Zacks Investment Research | Dec 03, 2018 04:04AM ET
Domo, Inc. (NASDAQ:DOMO) is set to report third-quarter fiscal 2019 results on Dec 7.
In the last reported quarter, the company reported non-GAAP loss of $3.44 per share that narrowed down significantly from a loss $25.77 reported in the year-ago quarter.
Revenues of $34.3 million came ahead of the Zacks Consensus Estimate of $32 million and grew 32.3% year over year. Subscription revenues, which represented 82% of total revenues, jumped almost 31%. Further, new customer wins and expanding international presence drove the top line for the company in the last reported quarter.
Notably, this computer software company with a specialization in business intelligence tools and data visualization debuted on Jun 29, 2018 on Nasdaq.
For the third quarter, Domo expects revenues between $34.8 million and $35.2 million and net loss in the range of $1.37 and $1.39 per share.
The Zacks Consensus Estimate for the quarter to be reported is pegged at a loss of $1.38 per share while the same for revenues is pegged at $35 million.
Let’s see how things are shaping up for the upcoming announcement.
Domo, Inc. Price and EPS Surprise
the complete list of today’s Zacks #1 Rank stocks here .
Costco Wholesale Corp. (NASDAQ:COST) has an Earnings ESP of +1.24% and a Zacks Rank #3.
DSW Inc. (NYSE:DSW) has an Earnings ESP of +9.85% and a Zacks Rank #3.
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