AMERICAN FORK, Utah (AP) — AMERICAN FORK, Utah (AP) — Domo, Inc. (DOMO) on Thursday reported a loss of $17.7 million in its fiscal fourth quarter.
On a per-share basis, the American Fork, Utah-based company said it had a loss of 45 cents. Losses, adjusted for stock option expense and amortization costs, were 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.
The company posted revenue of $78.8 million in the period.
For the year, the company reported a loss of $81.9 million, or $2.13 per share. Revenue was reported as $317 million.
For the current quarter ending in April, Domo expects its per-share earnings to range from 18 cents to 22 cents.
The company said it expects revenue in the range of $77.5 million to $78.5 million for the fiscal first quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOMO at https://www.zacks.com/ap/DOMO
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