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Domo Analysts Slash Their Forecasts After Q1 Results

Domo, Inc. (NASDAQ:DOMO) reported mixed first-quarter financial results and issued second-quarter guidance below estimates on Thursday. Domo posted adjusted loss of 33 cents per share, wider than market expectations for a loss of 23 cents per share. The company's sales came in at $80.103 million versus estimates of $79.492 million, according to data from Benzinga Pro. “We’re hyper-focused on returning to growth, and feel optimistic about early signals from our strategic initiatives ...