Domo Expects FY25 Revenue Of $315M-$323M, Est $323.78M; Adj EPS Loss Of $(0.36)-$(0.46), Est $(0.06)
Portfolio Pulse from Benzinga Newsdesk
Domo, Inc. has provided its financial outlook for FY25, expecting revenue to be between $315M-$323M, slightly below the estimated $323.78M. The company also anticipates an adjusted EPS loss of $(0.36)-$(0.46), significantly wider than the estimated loss of $(0.06).
March 07, 2024 | 10:06 pm
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Domo, Inc. projects FY25 revenue to fall slightly below expectations and anticipates a significantly wider adjusted EPS loss than estimated.
Domo's forecasted revenue for FY25 is slightly below analyst expectations, and the projected adjusted EPS loss is substantially wider than anticipated. This discrepancy, especially in the EPS figure, could lead to negative investor sentiment in the short term, potentially impacting the stock price negatively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100