Domo Inc. DOMO reported third-quarter fiscal 2018 non-GAAP loss of $1.06 per share, much narrower than the year-ago quarter’s loss of $25.78.Revenues of $36.8 million increased 30.2% on a year-over-year basis, primarily driven by new customer additions. International accounted for 22% of total revenues.Quarter DetailsBillings increased 29% to $38.8 million, primarily driven by solid dollar-based net revenue retention rates that were greater than 100%. During the quarter, Domo’s solutions were selected by 21 new customers. Number of customers at the end of the quarter was 430, up from 351 at the end of the year-ago quarter.Subscription revenues (82.5% of total revenues) were $30.4 million, up 34.2% year over year. Professional services and other revenues (17.5% of total revenues) increased 14.2% year over year to $6.4 million. Domo, Inc. Price, Consensus and EPS Surprise Domo, Inc. Price, Consensus and EPS Surprise | Domo, Inc. QuoteIn third-quarter fiscal 2019, non-GAAP gross profit surged 50.3% year over year to $23.9 million. Gross margin expanded 870 basis points (bps) to 64.9%.GAAP Sales & marketing (S&M) expenses decreased 16.4% year over year to $28 million. While GAAP general & administrative (G&A) expenses declined 3.1% to $7.1 million, GAAP research & development (R&D) expenses remained almost flat at $18.8 million.GAAP operating expenses declined 9.6% year over year to $53.9 million. Non-GAAP operating expenses fell 13.8% from the year-ago quarter to $49.3 million.Non-GAAP operating loss of $27.9 million was narrower than the year-ago quarter’s $41.5 million.GuidanceFor fourth-quarter fiscal 2019, revenues are anticipated between $37.5 million and $37.9 million. Non-GAAP net loss is expected between $1.23 and $1.27 per share.Domo expects operating expenses to grow in a range similar to top-line growth in the seasonally strong fourth quarter.For fiscal 2019, revenues are anticipated between $140.6 million and $141 million. Non-GAAP net loss is expected between $8.79 and $8.83 per share.Zacks Rank & Stocks to ConsiderCurrently, Domo carries a Zacks Rank #3 (Hold).Better-ranked stocks in the broader sector are Twitter TWTR, Intel INTC and Arista Networks ANET. All the three stocks flaunt a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Expected long-term earnings growth for Twitter, Intel and Arista is 22.1%, 8.4% and 21.3%, respectively.Today's Stocks from Zacks' Hottest StrategiesIt's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6% and +67.1%.And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.See Them Free>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Twitter, Inc. (TWTR): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Intel Corporation (INTC): Free Stock Analysis Report Domo, Inc. (DOMO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research