Domo shares are trading lower after the company issued Q3 and FY24 EPS and sales guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Domo Inc. has issued Q3 and FY24 EPS and sales guidance below estimates, leading to a decrease in its share prices.
August 24, 2023 | 8:22 pm
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Domo's shares are trading lower due to the company's lower than expected Q3 and FY24 EPS and sales guidance.
Domo's shares are trading lower as the company has issued Q3 and FY24 EPS and sales guidance below estimates. This indicates that the company's financial performance may not meet market expectations, which negatively impacts investor sentiment and drives down the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100