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Thursday, December 2, 2021

Domo (DOMO) reported earnings on Thur 2 Dec 2021 (a/h)

 

Domo beats by $0.02, beats on revs; guides FY22 EPS above consensus, revs in-line 
  • Reports Q3 (Oct) loss of $0.32 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of ($0.34); revenues rose 21.5% year/year to $65.1 mln vs the $64.31 mln S&P Capital IQ Consensus.
    • Billings were $70.2 million or 26% year-over-year growth
    • Remaining Performance Obligations (RPO) was $296.9 million as of October 31, 2021, an increase of 19% year over year
    • RPO expected to be recognized as revenue in the next twelve months was $190.6 million as of October 31, 2021, an increase of 24% year over year
  • Co issues guidance for FY22, sees EPS of ($1.30)-($1.26), excluding non-recurring items, vs. ($1.32) S&P Capital IQ Consensus; sees FY22 revs of $254.5-255.5 mln vs. $254.72 mln S&P Capital IQ Consensus.

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