Domo Inc. shares plunged more than 16% in the extended session Thursday after the software company beat consensus estimates. The company reported...
Domo Inc.
shares plunged more than 16% in the extended session Thursday after the software company beat consensus estimates. The company reported first-quarter net losses of $35.5 million, or $1.32 a share, compared with losses of $45.5 million, or $27.63 cents a share, in the year-ago period. In the first quarter of 2018, Domo had 1.7 million shares outstanding versus 27 million in the first quarter of 2019. Adjusted for items such as stock-based compensation and a tax-related addition, losses were $1.
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