Domo Announces Second Quarter Fiscal 2021 Financial Results

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Domo, Inc. (DOMO) Tops Q2 EPS by 33c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus, Provides 3Q Outlook

September 3, 2020 4:13 PM EDT

Domo, Inc. (NASDAQ: DOMO) reported Q2 EPS of ($0.17), $0.33 better than the analyst estimate of ($0.50). Revenue for the quarter came in at $51.1 million versus the consensus estimate of $49.03 million.

Fiscal Second Quarter Results

Total revenue was $51.1 million, an increase of 23% year over yearSubscription revenue was $44.3 million, an increase of 27% year over yearSubscription revenue represented 87% of total revenueBillings were $47.6 million or 23% year-over-year growthNet cash used in operating activities was... More