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Shares of Domo (NASDAQ:DOMO) decreased 5.0% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 18.92% over the past year to ($0.30), which beat the estimate of ($0.36).
Revenue of $62,825,000 up by 22.87% from the same period last year, which beat the estimate of $60,850,000.
Outlook
Q3 EPS expected to be between ($0.37) and ($0.33).
Q3 revenue expected between $63,500,000 and $64,500,000.
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Price Action
Company's 52-week high was at $97.29
52-week low: $31.01
Price action over last quarter: Up 38.35%
Company Overview
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 applications 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. Its geographical segments include the United States, Japan, and Others.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.