NASDAQ$DOMO

Domo Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported first quarter fiscal 2021 financial results, showing revenue increase and improved operating margins.

Domo's total revenue for Q1 2021 was $48.6 million, a 19% increase year-over-year. Subscription revenue grew by 23% to $42.4 million, representing 87% of total revenue. The company's GAAP operating margin and non-GAAP operating margin both improved significantly year-over-year.

  • Total revenue increased by 19% year-over-year to $48.6 million.
  • Subscription revenue grew by 23% year-over-year, reaching $42.4 million.
  • GAAP operating margin improved by 36 percentage points year-over-year.
  • Non-GAAP operating margin improved by 34 percentage points year-over-year.

Headline financials

Total Revenue

$48.6M

Previous: $40.8M+19.0%
EPS (adj)

-$0.65

Previous: -$1.08+39.8%
Billings

$46.5M

Previous: $41.1M+13.3%
GAAP Operating Margin

-0.5%

No prior period
Non-GAAP Operating Margin

-0.3%

No prior period
Capital Expenditures

-$1.36M

Previous: -$1.47M+7.5%
Free Cash Flow

-$26.3M

Previous: -$37M+29.1%
Net Income

-$24.9M

Previous: -$35.5M+29.9%
Operating Income

-$22M

Previous: -$33.1M+33.6%
Gross Profit

$34.5M

Previous: $28M+23.1%
Cash & Equivalents

$75.5M

Previous: $90.8M-16.8%
Total Assets

$197M

Previous: $261M-24.4%

Revenue & EPS history

Domo · Revenue · Quarterly

$48.6M

Q1 2021+19%vs Q1 2020
Beat estimate in 0 of 11 quarters(0%)
ActualEstimate

Revenue by segment

Domo · $48.6M total across 2 segments · Q1 2021

  • Subscription
    $42.4M+23.4%
  • Professional Services & Other
    $6.13M-4.4%

Forward guidance

Domo provided revenue and non-GAAP net loss per share guidance for Q2 and full year fiscal 2021.

Tailwinds

  • Q2 Fiscal 2021 Revenue is expected to be in the range of $48.5 million to $49.5 million
  • Q2 Fiscal 2021 Non-GAAP net loss per share is expected to be between $0.48 and $0.52 based on 29.0 million weighted-average shares outstanding
  • Full Year Fiscal 2021 Revenue is expected to be in the range of $194.0 million to $200.0 million
  • Full Year Fiscal 2021 Non-GAAP net loss per share is expected to be between $1.96 and $2.06 based on 29.2 million weighted-average shares outstanding

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-3.5%

Avg return

Earnings day

-4.1%

Avg return

5 days after

-6.2%

Avg return

30 days after

41%

13 / 32 earnings

Positive

+29.0%

Q3 2019

Best reaction

-35.8%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-8.2%-0.6%
Q4 2026+13.0%-0.9%-44.7%
Q3 2026-23.7%-25.6%-28.3%
Q2 2026-12.8%-19.1%-10.2%
Q1 2026+0.0%-2.6%+6.2%
Q4 2025+16.0%+21.6%-5.8%
Q3 2025-20.0%-23.1%-28.8%
Q2 2025-3.1%-2.2%-5.7%
Q1 2025-4.8%-2.0%-7.5%
Q4 2024-15.8%-17.2%-24.2%
Q3 2024+6.0%-2.2%+7.2%
Q2 2024-35.8%-36.3%-43.8%
Q1 2024-14.0%-11.1%-2.1%
Q4 2023-16.3%-22.0%-9.9%
Q3 2023+20.9%+9.7%-14.2%
Q2 2023-26.2%-27.6%-40.0%
Q1 2023+15.4%+7.3%+11.8%
Q4 2022+7.6%-3.5%+13.6%
Q3 2022-24.9%-19.4%-22.8%
Q2 2022-7.5%-7.6%-12.7%
Q1 2022+2.1%+0.6%+26.7%
Q4 2021+0.3%+0.4%-7.5%
Q3 2021+21.6%+20.8%+72.8%
Q2 2021-9.5%-14.0%-14.6%
Q1 2021+3.4%-3.8%+14.4%
Q4 2020-17.9%-15.1%-21.7%
Q3 2020+19.3%+25.3%+9.6%
Q2 2020-34.6%-29.1%-31.9%
Q1 2020-6.5%-8.1%-11.0%
Q4 2019+24.0%+41.7%+25.7%
Q3 2019+29.0%+33.9%+16.8%
Q2 2019-7.9%+1.5%-8.8%
Q1 2019
Q4 2018
Q3 2017
Q2 2017
Q1 2017

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro