Domo Announces Fiscal 2020 First Quarter Financial Results
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Domo, Inc. (DOMO) Tops Q1 EPS by 20c; Affirms Q2 EPS View, Q2 Revenue Outlook Below Consensus, FY20 EPS Guidance Below Consensus
June 6, 2019 4:11 PM EDTDomo, Inc. (NASDAQ: DOMO) reported Q1 EPS of ($1.08), $0.20 better than the analyst estimate of ($1.28). Revenue for the quarter came in at $40.8 million versus the consensus estimate of $40.68 million.
Total revenue was $40.8 million, an increase of 28% year over yearSubscription revenue was $34.4 million, an increase of 29% year over yearSubscription revenue represented 84% of total revenueBillings were $41.1 million or 22% year-over-year growthNet cash used in operating activities was $26.7 million, an improvement of 28% year over yearAdjusted net cash used in operating activities was $22.2 million, an improvement of 40% year over... More