Domo (DOMO) Q3 Earnings: What To Expect

Domo (DOMO) Q3 Earnings: What To Expect

Domo (DOMO) Q3 Earnings: What To Expect

Business intelligence platform Domo (NASDAQ:DOMO) will be announcing earnings results this Thursday after market close. Here’s what to expect.

Domo beat analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $79.72 million, up 1.7% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EBITDA estimates but a miss of analysts’ billings estimates.

Is Domo a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Domo’s revenue to be flat year on year at $79.04 million, slowing from its flat revenue in the same quarter last year. Adjusted loss is expected to come in at -$0.05 per share.

Domo Total Revenue
Domo Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Domo has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.8% on average.

Looking at Domo’s peers in the data analytics segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Strategy delivered year-on-year revenue growth of 10.9%, beating analysts’ expectations by 9.1%, and Palantir Technologies reported revenues up 62.8%, topping estimates by 8%. Strategy traded up 5.9% following the results while Palantir Technologies was down 8.1%.

Read our full analysis of Strategy’s results here and Palantir Technologies’s results here.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the data analytics stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.1% on average over the last month. Domo is down 20% during the same time and is heading into earnings with an average analyst price target of $18.50 (compared to the current share price of $11.16).

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