Domo shares are trading lower after the company reported mixed Q1 financial results and issued Q2 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Domo shares are trading lower after the company reported mixed Q1 financial results and issued Q2 guidance below estimates.
May 24, 2024 | 11:56 am
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Domo shares are trading lower due to mixed Q1 financial results and Q2 guidance that fell below market estimates.
The mixed Q1 results and below-estimate Q2 guidance are likely to negatively impact investor sentiment, leading to a short-term decline in Domo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100