Domo Announces Fourth Quarter and Fiscal 2019 Financial Results
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DOMO (DOMO) PT Raised to $44 at Needham & Company
March 14, 2019 7:32 AM EDTNeedham & Company analyst Jack Andrews raised the price target on DOMO (NASDAQ: DOMO) to $44.00 (from $37.00) while maintaining a Buy rating.
Andrews commented, "Domo reported strong 4QFY19 results and delivered FY20 guidance above consensus. Strength in the quarter was driven... More
Domo, Inc. (DOMO) Tops Q4 EPS by 30c, Revenues Beat; Offers Q1 & FY20 EPS/Revenue Guidance Above Consensus
March 13, 2019 4:11 PM EDTDomo, Inc. (NASDAQ: DOMO) reported Q4 EPS of ($0.94), $0.30 better than the analyst estimate of ($1.24). Revenue for the quarter came in at $39.4 million versus the consensus estimate of $37.76 million.
Total revenue was $39.4 million, an increase of 31% year over yearSubscription revenue represented 81% of total revenueBillings were $57.2 million or 26% year-over-year growthSubscription gross margin was 74%, an improvement of 10 percentage points from Q4 fiscal 2018GAAP operating margin improved by 65 percentage points year over yearNon-GAAP operating margin improved by 69 percentage points year over... More