Domo Reports Fiscal Q3 Non-GAAP Loss, Higher Revenue; Fiscal 2025 Outlook Updated

MT Newswires Live12-06

Domo (DOMO) reported a fiscal Q3 non-GAAP net loss late Thursday of $0.08 per share.

Four analysts polled by FactSet expected a $0.15 loss.

Revenue for the quarter ended Oct. 31 rose to $79.8 million from $79.7 million a year earlier.

Four analysts surveyed by FactSet expected $77.6 million.

For fiscal Q4, the company expects an adjusted net loss of $0.13 to $0.17 per share on revenue of $77.5 million to $78.5 million.

The consensus is for a $0.18 loss on revenue of $78.1 million.

For fiscal 2025, Domo now projects an adjusted net loss of $0.60 to $0.64 per share on revenue of $315.5 million to $316.5 million. The company previously projected an adjusted loss of $0.69 to $0.77 per share on revenue of $313 million to $315 million.

Analysts are looking for a $0.72 loss on revenue of $313.9 million.

Shares of Domo were up nearly 2% in after-hours trading.

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