Domo (NASDAQ:DOMO) updated 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.
Shares of DOMO stock traded down $0.11 on Thursday, reaching $19.50. 964,910 shares of the company’s stock traded hands, compared to its average volume of 739,203. The company has a market capitalization of $539.35 million, a P/E 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 debt-to-equity ratio of 4.56, a quick ratio of 1.46 and a current ratio of 1.46. The business’s 50 day moving average price is $17.12 and its two-hundred day moving average price is $23.47.
Domo (NASDAQ:DOMO) last announced its quarterly earnings data on Thursday, September 5th. The company reported ($0.96) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.23) by $0.27. Domo had a negative return on equity of 403.37% and a negative net margin of 81.35%. The firm had revenue of $41.70 million during the quarter, compared to the consensus estimate of $41.68 million. During the same period in the prior year, the business earned ($3.44) EPS. The business’s revenue for the quarter was up 21.6% on a year-over-year basis. Research analysts predict that Domo will post -4.7 earnings per share for the current year.
In other news, CEO Joshua G. James bought 60,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were bought at an average cost of $17.00 per share, with a total value of $1,020,000.00. Corporate insiders own 21.97% of the company’s stock.
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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