Shares of Domo Inc. fell nearly 7% in the aftermarket Thursday after the cloud software company reported fiscal 2024 first-quarter results that largely met...
Shares of Domo Inc.
fell nearly 7% in the aftermarket Thursday after the cloud software company reported fiscal 2024 first-quarter results that largely met Wall Street expectations and guided for a wider loss range for its fiscal 2024. Domo lost $24.4 million, or 69 cents a share, in the quarter, compared with a loss of $32.9 million, or 99 cents a share, in the year-ago period. Adjusted for one-time items, the company lost 17 cents a share, matching FactSet consensus. Revenue rose 7% to $79.
fell nearly 7% in the aftermarket Thursday after the cloud software company reported fiscal 2024 first-quarter results that largely met Wall Street expectations and guided for a wider loss range for its fiscal 2024. Domo lost $24.4 million, or 69 cents a share, in the quarter, compared with a loss of $32.9 million, or 99 cents a share, in the year-ago period. Adjusted for one-time items, the company lost 17 cents a share, matching FactSet consensus. Revenue rose 7% to $79.
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