Domo Expects Q1'FY25 Revenue Of $79M-$80M, Est $79.456M; Adj EPS Loss Of $(0.21)-$(0.25), Est $(0.04)
Portfolio Pulse from Benzinga Newsdesk
Domo forecasts its Q1 FY25 revenue to be between $79M-$80M, closely aligning with the estimated $79.456M. The company also anticipates an adjusted EPS loss of $(0.21)-$(0.25), which is significantly higher than the estimated loss of $(0.04).
March 07, 2024 | 10:04 pm
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Domo's Q1 FY25 revenue projection aligns with estimates, but its anticipated adjusted EPS loss is significantly worse than expected.
Domo's revenue forecast is in line with analyst expectations, which might not significantly impact the stock price. However, the projected adjusted EPS loss is much worse than the estimated loss, which could lead to negative investor sentiment and potentially decrease the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100