Domo Inc.
shares wavered between gains and losses in the extended session Monday after the cloud software company reported a narrower-than-expected adjusted loss for its fourth quarter and said Chief Executive John Mellor was stepping down. Domo lost $19.8 million, or 57 cents a share, in the quarter, compared with a loss of $33.2 million, or $1.01 a share, in the year-ago period. Adjusted for one-time items, Domo lost 2 cents a share. Revenue rose 14% to $79.
shares wavered between gains and losses in the extended session Monday after the cloud software company reported a narrower-than-expected adjusted loss for its fourth quarter and said Chief Executive John Mellor was stepping down. Domo lost $19.8 million, or 57 cents a share, in the quarter, compared with a loss of $33.2 million, or $1.01 a share, in the year-ago period. Adjusted for one-time items, Domo lost 2 cents a share. Revenue rose 14% to $79.