Domo Announces Fiscal 2019 Third Quarter Financial Results

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Domo (DOMO) Tops Q3 EPS by 32c, Revenues Beat; Offers FY19 EPS/Revenue Outlooks Above Consensus

December 6, 2018 4:44 PM EST

Domo (NASDAQ: DOMO) reported Q3 EPS of ($1.06), $0.32 better than the analyst estimate of ($1.38). Revenue for the quarter came in at $36.8 million versus the consensus estimate of $34.97 million.

Total revenue was $36.8 million, an increase of 30% year over yearSubscription revenue represented 83% of total revenueBillings were $38.8 million or 29% year-over-year growthSubscription gross margin was 73% compared to 60% in Q3 fiscal 2018GAAP operating margin improved by 73 percentage points year over... More