Domo stock surges more than 10% as results, outlook top Street view

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Domo stock surges more than 10% as results, outlook top Street view
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Domo Inc. DOMO, +2.40% shares rallied in the extended session Wednesday after the cloud-based operating system company's results and outlook topped Wall Street estimates.

Domo Inc. DOMO, +2.40% shares rallied in the extended session Wednesday after the cloud-based operating system company's results and outlook topped Wall Street estimates. Domo shares surged 14% after hours, following a 2.4% rise to close the regular session at $31.20. The company reported a fourth-quarter loss of $29.9 million, or $1.13 a share, compared with a loss of $41.2 million, or $25.33 a share, in the year-ago period. The adjusted loss was 94 cents a share. Revenue rose to $39.

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