Domo (NASDAQ:DOMO) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided EPS guidance of ($0.98)-(0.94) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.98). The company issued revenue guidance of $45-46 million, compared to the consensus revenue estimate of $43.90 million.
Domo stock traded down $0.11 during midday trading on Thursday, reaching $19.50. The stock had a trading volume of 964,910 shares, compared to its average volume of 739,203. The firm has a market capitalization of $539.35 million, a PE ratio of -2.07 and a beta of 0.85. Domo has a 12 month low of $14.80 and a 12 month high of $47.08. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 4.56. The firm’s 50-day moving average price is $17.12 and its 200 day moving average price is $23.47.
Domo (NASDAQ:DOMO) last issued its earnings results on Thursday, September 5th. The company reported ($0.96) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.23) by $0.27. The firm had revenue of $41.70 million during the quarter, compared to analyst estimates of $41.68 million. Domo had a negative net margin of 81.35% and a negative return on equity of 403.37%. The company’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the business earned ($3.44) earnings per share. Equities research analysts expect that Domo will post -4.7 EPS for the current year.
In related news, CEO Joshua G. James bought 60,000 shares of Domo stock in a transaction on Tuesday, September 10th. The stock was acquired at an average price of $17.00 per share, with a total value of $1,020,000.00. 21.97% of the stock is owned by company insiders.
Domo Company Profile
Domo, Inc operates a cloud-based platform in the United States. Its platform digitally connects chief executive officer to the frontline employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones.
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