Domo (NASDAQ:DOMO) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided EPS guidance of ($1.27)-($1.23) for the period, compared to the Thomson Reuters consensus EPS estimate of ($1.39). The company issued revenue guidance of $37.5-$37.9 million, compared to the consensus revenue estimate of $35.73 million.Domo also updated its FY 2019 guidance to $-8.83–8.79 EPS.
Shares of DOMO traded down $0.18 on Thursday, reaching $15.63. 396,666 shares of the company’s stock traded hands, compared to its average volume of 539,032. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.03. Domo has a 52-week low of $13.28 and a 52-week high of $28.86.
Domo (NASDAQ:DOMO) last issued its quarterly earnings results on Thursday, September 6th. The company reported ($3.44) EPS for the quarter, beating the Zacks’ consensus estimate of ($3.93) by $0.49. The business had revenue of $34.30 million for the quarter, compared to analysts’ expectations of $32.02 million. The firm’s revenue for the quarter was up 32.4% compared to the same quarter last year. Research analysts predict that Domo will post -9.55 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: This story was posted by Markets Daily and is owned by of Markets Daily. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.themarketsdaily.com/2018/12/07/domo-domo-issues-q4-earnings-guidance.html.
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.
Recommended Story: How to Invest in Marijuana Stocks
Receive News & Ratings for Domo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domo and related companies with MarketBeat.com's FREE daily email newsletter.