Benzinga | Dec 3, 2020 04:11PM EST

Domo: Q3 Earnings Insights

Shares of Domo (NASDAQ:DOMO) fell 1.8% after the company reported Q3 results.

Quarterly Results

Earnings per share increased 52.94% over the past year to ($0.40), which beat the estimate of ($0.44).

Revenue of $53,645,000 rose by 19.83% from the same period last year, which beat the estimate of $51,760,000.

Looking Ahead

Domo Sees Q4 2021 Revs $53.3M-$54.3M; Sees Non-GAAP Net EPS $(0.42)-$(0.46)

Domo Sees FY 2021 Revs $206.6M-$207.6M

Details Of The Call

Date: Dec 03, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/eventRegistrationServlet?referrer=https%3A%2F%2Fwww.domoinvestors.com%2F&eventid=2840011&sessionid=1&key=D064AE13AD6C332E2F117F2A557ADB82&regTag=

Technicals

Company's 52-week high was at $47.25

52-week low: $7.62

Price action over last quarter: down 5.59%

Company Description

Domo Inc is a US-based software company. It offers a cloud-based operating system that integrates every component of a business with real-time business dashboard visualization and key performance indicator reporting. The platform unifies data, systems, and people for a digitally connected business. The company provided solutions have application in different industries such as education, financial services, healthcare, hospitality, transportation, among others. The company's solution is comprised of seven core elements including connectors, data warehouse and fast query engine, Domo ETL, data analysis and visualization tools, artificial intelligence algorithms, collaboration tools, and apps and partner ecosystem. Geographically, United States comprises maximum revenue for the company.