Domo Cuts FY25 Revenue Outlook From $315M - $323M To $313M - $315M, Est $311.99M; Revises Adj EPS Forecast From $(0.36) - $(0.46) To $(0.69) - $(0.77), Est $(0.89)
Portfolio Pulse from Benzinga Newsdesk
Domo has revised its fiscal year 2025 revenue outlook from $315M-$323M to $313M-$315M, slightly above the estimated $311.99M. The company also adjusted its adjusted EPS forecast from $(0.36)-$(0.46) to $(0.69)-$(0.77), which is better than the estimated $(0.89).
August 29, 2024 | 8:25 pm
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Domo has lowered its FY25 revenue outlook and adjusted its EPS forecast, both slightly better than market estimates. This indicates a cautious but slightly positive outlook.
Domo's revised revenue and EPS forecasts are slightly better than market estimates, which could be seen as a positive sign by investors. The adjustments suggest a cautious approach but still indicate a better-than-expected performance.
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