Domo Q3 2023 Revenue $79.7M Beats $79.024M Estimate
Portfolio Pulse from Benzinga Newsdesk
Domo Inc. reported Q3 2023 revenue of $79.7M, surpassing the estimated $79.024M. This indicates a positive performance compared to market expectations.
November 30, 2023 | 9:13 pm
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Domo Inc. reported higher-than-expected Q3 2023 revenue, which could lead to a positive short-term impact on its stock price.
Beating revenue estimates typically generates positive investor sentiment and can lead to an increase in stock price as it reflects better-than-anticipated financial health and performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100