NASDAQ$DOMO

Domo Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported strong growth with subscription revenue increase and achievement of cash-flow milestone.

Domo announced strong Q3 fiscal 2021 results, achieving a cash-flow positive milestone and demonstrating commitment to product innovation and customer success. Total revenue increased by 20% year-over-year, with subscription revenue up by 24%. The company also provided guidance for Q4 fiscal 2021 and full-year fiscal 2021.

  • Total revenue was $53.6 million, an increase of 20% year over year.
  • Subscription revenue was $46.9 million, an increase of 24% year over year.
  • Billings were $55.7 million, a 25% year-over-year growth.
  • GAAP operating margin improved by 24 percentage points year over year.

Headline financials

Total Revenue

$53.6M

Previous: $44.8M+19.8%
EPS (adj)

-$0.40

Previous: -$0.85+52.9%
Billings

$55.7M

No prior period
GAAP Operating Margin

-35.0%

No prior period
Non-GAAP Operating Margin

-16.0%

No prior period
Subscription RPO

$249M

Previous: $206M+21.0%
Capital Expenditures

-$4.26M

Previous: -$4.86M+12.4%
Free Cash Flow

-$26.5M

Previous: -$34M+22.0%
Net Income

-$22.2M

Previous: -$29.1M+23.6%
Operating Income

-$18.9M

Previous: -$26.6M+29.2%
Gross Profit

$39.2M

Previous: $30.3M+29.3%
Cash & Equivalents

$83.8M

Previous: $93.5M-10.4%
Total Assets

$193M

Previous: $218M-11.3%

Revenue & EPS history

Domo · Revenue · Quarterly

$53.6M

Q3 2021+19.8%vs Q3 2020
Beat estimate in 0 of 13 quarters(0%)
ActualEstimate

Revenue by segment

Domo · $53.6M total across 2 segments · Q3 2021

  • Subscription
    $46.9M+24.0%
  • Professional Services & Other
    $6.74M-2.7%

Forward guidance

Domo is providing the following guidance for its fourth fiscal quarter and full year fiscal 2021 based on information available as of December 3, 2020.

Tailwinds

  • Revenue is expected to be in the range of $53.3 million to $54.3 million for Q4 Fiscal 2021
  • Non-GAAP net loss per share is expected to be between $0.42 and $0.46 based on 30.1 million weighted-average shares outstanding for Q4 Fiscal 2021
  • Revenue is expected to be in the range of $206.6 million to $207.6 million for Full Year Fiscal 2021
  • Non-GAAP net loss per share is expected to be between $1.83 and $1.87 based on 29.3 million weighted-average shares outstanding for Full Year Fiscal 2021

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 Q3 2021

Historical avgQ3 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

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