Domo Inc <DOMO.O>: Losses of 13  cents announced for third quarter

8 December 2022 10:01 p.m. ​All figures in US dollars. The loss announced by Domo Inc in the third quarter were higher than the Refinitiv mean estimate of losses. The company reported losses of -13 cents per share, 19 cents higher than the same quarter last year when the company reported EPS of -32 cents. Losses of -26 cents per share were anticipated by the five analysts providing estimates for the quarter. Wall Street expected results to range from -26 cents to -25 cents per share, with a forecasted mean of -26 cents per share. The company reported revenue of $79.03 million, which is higher than the estimated $76.38 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the software peer group is also "Buy". FORECAST CHANGES * Five analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was a gain of one new estimate. YEAR OVER YEAR * The company reported an increase in revenue to $79.03 million from $65.08 million in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jul. 31 2022 -0.33​ -0.26 Beat Apr. 30 2022 -0.39 -0.23 Beat Jan. 31 2022 -0.39 -0.41 Missed​ Oct. 31 2021 -0.34 -0.32 Beat This summary was machine generated from Refinitiv data December 8 at 10:01 p.m.