Domo Incorporated Reports Mixed Q3 Results, Guides Lower for Q4

Domo Incorporated, despite reporting a net loss of $10.4 million or $0.25 per share for Q3, actually broke even when adjusting for one-time gains and costs. Their total revenue reached $79.4 million. Looking ahead, Domo anticipates another loss of $0.05-$0.01 per share in Q4, with revenue between $78-$79 million. For the full year, they project a loss per share of $0.11-$0.07 and revenue of $317.5-$318.5 million.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.