Domo, Inc. (NASDAQ:DOMO) is reporting second quarter earnings results on Thursday 3rd September 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.5 per share from $ 49.03 million in revenue.
For the full year, analysts predict revenues of $ 197.23 million, while looking forward to loss of $ 2.03 per share.
The Company Outlook
Revenue for 2Q21 are expected in a range of $ 48.50 million ~ $ 49.50 million
Full Year 2021 topline are forecasted in a range of$ 194.00 million ~ $ 200.00 million, where as bottomline are predicted in a range of $ -2.06 ~ $ -1.96 per share
Click Here For More Historical Outlooks Of Domo, Inc.
Previous Quarter Performance
Domo, Inc. came out with loss for the first quarter of $ 0.65 per share, from the revenue of $ 48.56 million. According to street consensus, DOMO was expected to report 1Q21 loss of $ 0.91 per share from revenue of $ 45.65 million. The bottom line results beat street analysts by $ 0.26 or 28.57 percent, at the same time, top line results outshined analysts by $ 2.91 million or 6.37 percent.
Stock Performance
Shares of Domo, Inc. traded low $ -0.47 or -1.04 percent on Wednesday, reaching $ 44.21 with volume of 602.70 thousand shares. The stock opened positive for the day at $ 45.60, after closing the previous day trading at $ 44.67.
According to the previous trading day, closing price of $ 44.67, representing a 486.22 % increase from the 52 week low of $ 7.62 and a 4.2 % decrease over the 52 week high of $ 46.63.
The company has a market capital of $ 1.27 billion and is part of the Technology sector and Software – Application industry.
Recent Analyst recommendations
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- On 1st September 2020, maintained by Needham & Company LLC at Buy rating, with $ 47.00 target price.
Conference Call
Domo, Inc. will be hosting a conference call at 5:00 PM eastern time on 3rd September 2020, to discuss its 2Q21 financial results with the investment community. The participants may dial, (877) 491-5762 (United States) or (763) 416-6939 (International), with passcode : 2499486 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/naamswem
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.
