Domo Announces Fiscal 2020 Third Quarter Financial Results
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Domo, Inc. (DOMO) Tops Q3 EPS by 16c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus,
December 5, 2019 4:14 PM ESTDomo, Inc. (NASDAQ: DOMO) reported Q3 EPS of ($0.85), $0.16 better than the analyst estimate of ($1.01). Revenue for the quarter came in at $44.8 million versus the consensus estimate of $41.81 million.
Fiscal Third Quarter Results
Total revenue was $44.8 million, an increase of 22% year over yearSubscription revenue was $37.8 million, an increase of 24% year over yearSubscription revenue represented 85% of total revenueBillings were $44.4 million or 15% year-over-year growthNet cash used in operating activities was $19.5 million, an improvement of 36% year over yearAdjusted net cash used in operating activities was $16.2 million, an improvement of 47% year... More