04:43 PM EDT, 05/23/2024 (MT Newswires) -- Domo ( DOMO ) reported a fiscal Q1 non-GAAP loss late Thursday of $0.33 per share, widening from a loss of $0.17 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.23.

Revenue for the quarter ended April 30 was $80.1 million, up from $79.5 million a year earlier.

Four analysts surveyed by Capital IQ expected $79.5 million.

The company said it expects a fiscal Q2 non-GAAP diluted loss of between $0.30 and $0.26. Analysts polled by Capital IQ expect a loss of $0.07

It expects fiscal Q2 revenue of $76.0 million to $77.0 million. Four analysts surveyed by Capital IQ expect $79.6 million.

Shares of the company slumped more than 12% in recent after-hours trading.

Price: 6.39, Change: -0.74, Percent Change: -10.39