Recap: Domo Q4 Earnings - Domo (NASDAQ:DOMO)

Domo DOMO reported its Q4 earnings results on Tuesday, March 1, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Domo missed estimated earnings by 5.13%, reporting an EPS of $-0.41 versus an estimate of $-0.39.

Revenue was up $13.15 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 25.92% drop in the share price the next day.

Here's a look at Domo's past performance:

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	-0.34	-0.36	-0.43	-0.43
EPS Actual	-0.32	-0.30	-0.26	-0.32
Revenue Estimate	64.31M	60.85M	57.49M	54.04M
Revenue Actual	65.08M	62.83M	60.06M	56.84M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Domo management provided guidance for their next quarter, expecting earnings between $-0.42 and $-0.38 per share for the next quarter.

This represents a 2.44% in quarter-over-quarter growth for Domo, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.