The following are recent financial reports as posted by selected Utah corporations:
Sportsman’s Warehouse
Sportsman’s Warehouse Holdings Inc., based in West Jordan, reported net income of $17.7 million, or 40 cents per share, for the second quarter ended July 31. That compares with $32.5 million, or 73 cents per share, for the same quarter a year earlier.
Net sales in the most recent quarter totaled $361.8 million, down from $381 million in the year-earlier quarter.
Sportsman’s Warehouse Holdings is an outdoor specialty retailer. The company announced in December it would be acquired by Great Outdoors Group for $18 per share in an all-cash transaction. The merger closing is expected to take place by year-end.
“The business continued to perform well during the second quarter,” Jon Barker, CEO, said in announcing the results. “While second-quarter same-store sales decreased 9.9 percent compared to the same period last year, I believe this was a favorable result considering the many factors that drove our elevated second-quarter 2020 sales. For the first half of fiscal year 2021, same-store sales increased 3.4 percent compared to the same period last year.”
Sera Prognostics
Sera Prognostics Inc., based in Salt Lake City, reported a net loss of $6.3 million for the second quarter ended June 30. That compares with a net loss of $4.7 million for the same quarter a year earlier.
Revenue in the most recent quarter totaled $20,000, up from $6,000 in the year-earlier quarter.
Sera is focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients.
“We are pleased with the progress we made during the quarter, as we build momentum to achieve our vision of improving maternal and neonatal health through our proprietary proteomic testing platform,” Dr. Gregory C. Critchfield, chairman and CEO, said in announcing the results.
“Our innovative PreTRM test is the only broadly validated commercially available blood-based biomarker test, that has been proven to identify moms and babies at higher risk for spontaneous preterm birth, thereby enabling health and economic benefits by intervening proactively in such pregnancies.”
Domo
Domo Inc., based in American Fork, reported a net loss of $22.2 million, or 70 cents per share, for the second quarter ended July 31. That compares with a loss of $17.9 million, or 62 cents per share, for the same quarter a year earlier.
Revenue in the most recent quarter totaled $62.8 million, up from $51.1 million in the year-earlier quarter.
Domo is focused on business intelligence (BI).
“We have seen the demand for modern BI continue as companies look to unlock and democratize data for every person and every action that moves their business forward,” Josh James, founder and CEO, said in announcing the results.
“As the first cloud-native, modern BI platform, Domo was built to help companies put data to work in new ways with the speed and scale that most organizations haven’t seen to date. I am confident in Domo’s ability to execute on this mission for the remainder of FY22.”
