financetom
Business
financetom
/
Business
/
Domo Reports Fiscal Q3 Non-GAAP Loss, Higher Revenue; Fiscal 2025 Outlook Updated
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Domo Reports Fiscal Q3 Non-GAAP Loss, Higher Revenue; Fiscal 2025 Outlook Updated
Dec 5, 2024 2:39 PM

05:18 PM EST, 12/05/2024 (MT Newswires) -- 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 ( 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 ( DOMO ) were up nearly 2% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TeraWulf Reports Q4, FY 2023 Results: EPS Miss, Revenue Miss And More
TeraWulf Reports Q4, FY 2023 Results: EPS Miss, Revenue Miss And More
Mar 19, 2024
TeraWulf Inc. ( WULF ) reported its fourth-quarter financial results after the bell Tuesday. Here's a look at the details.  The Details: The company reported quarterly losses of 3 cents per share which missed the analyst consensus estimate of losses of 2 cents per share. Quarterly sales came in at $23.29 million, missing the analyst consensus estimate of $24.16 million...
Skyharbour's Partner Azincourt Energy Begins Mobilizing For Winter Drill Program At East Preston Uranium Project
Skyharbour's Partner Azincourt Energy Begins Mobilizing For Winter Drill Program At East Preston Uranium Project
Mar 19, 2024
04:42 PM EDT, 03/19/2024 (MT Newswires) -- Skyharbour Resources Ltd.'s ( SYHBF ) partner company Azincourt Energy announced Tuesday that mobilization is set to begin later this week for the 2024 winter drill program at the East Preston uranium project in the Athabasca Basin, Sask. Azincourt is undertaking a drill program for the winter of 2024, consisting of up to...
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled
Mar 19, 2024
March 19 (Reuters) - A selloff in bitcoin that continued on Tuesday has been accompanied by record outflows from Grayscale's Bitcoin Trust, accelerating the asset losses the fund has experienced since it converted into an exchange traded fund earlier this year. Grayscale's ETF notched a daily record of $642.5 million in outflows on Monday, according to data from BitMEX Research,...
--JPMorgan Chase Raises Quarterly Dividend to $1.15 Per Share, Payable April 30 to Shareholders of Record on April 5
--JPMorgan Chase Raises Quarterly Dividend to $1.15 Per Share, Payable April 30 to Shareholders of Record on April 5
Mar 19, 2024
04:44 PM EDT, 03/19/2024 (MT Newswires) -- Price: 193.89, Change: +0.1, Percent Change: +0.05 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved