05:14 PM EDT, 08/29/2024 (MT Newswires) -- Domo ( DOMO ) reported a fiscal Q2 non-GAAP loss late Thursday of $0.07 per share, widening from a loss of $0.02 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.28.

Revenue for the quarter ended July 31 was $78.4 million, down from $79.7 million a year earlier.

Analysts surveyed by Capital IQ expected $76.6 million.

The company expects a fiscal Q3 non-GAAP diluted loss of between $0.18 and $0.14. Analysts polled by Capital IQ expect a loss of $0.16.

It expects fiscal Q3 revenue of $77 million to $78 million. Analysts surveyed by Capital IQ expect $77 million.

Shares of the company rose more than 4.5% in recent after-hours activity.

Price: 8.00, Change: +0.28, Percent Change: +3.63