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Salazar Resources Provides Update for El Domo
TMX Newsfile· 2026-02-05 11:45
Core Viewpoint - Salazar Resources Limited is involved in a joint venture with Silvercorp Metals Inc. for the development of the El Domo mine, with an updated construction budget of $284 million, reflecting a $44 million increase from previous estimates, and a projected production start date of July 1, 2027, which is a six-month delay from earlier projections [2][3]. Financial Summary - The updated construction budget for the El Domo Project is $284 million, up from the previous estimate of $240 million [3]. - The budget breakdown includes significant increases in various packages, such as Package 1 (site preparation) increasing to $57.4 million and Package 3 (processing plant) increasing to $54.8 million [3][5]. - The VAT rate has been revised from 12% to 15%, leading to additional VAT costs that can be recovered as a tax credit once concentrate exports commence [5]. Construction Progress - In 2025, the company spent $44.5 million, which is approximately 16% of the total new budget, and made significant progress in site preparation and construction activities [6]. - Over 2.6 million cubic meters of material were moved for site preparation, and 8.1 km of internal haul roads were built [6][4]. - The construction camp with a capacity of over 600 beds has been completed and commissioned [6]. Contracting and Operations - The company is expected to execute a mining contract with China Railway 19th Bureau Group Co., Ltd. for the construction and operation of the Project, valued at $35 million for the construction phase and approximately $63 million for the operations phase [7]. - The contract includes the construction and management of the Tailings Storage Facility (TSF) dam, valued at $8 million [7]. Engineering and Equipment - Jinpeng is set to complete the detailed engineering design of the processing plant by early April 2026, which will initiate the bidding process for construction [8]. - Most long-lead time major equipment for the process plant has been ordered, with a down payment of $7.2 million made towards a total contract price of $16.9 million [16]. Community and Environmental Engagement - The company has engaged with various communities and stakeholders for support and has built an effective construction team collaborating across multiple locations [16]. - The company has implemented and complied with an Environmental Management Plan during construction activities, maintaining a strong safety culture with over 960,000 hours worked without major incidents [16].
Silvercorp Announces Project Update for El Domo
Prnewswire· 2026-02-04 22:05
Trading Symbol: TSX/NYSE American: SVM VANCOUVER, BC, Feb. 4, 2026 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX/NYSE American: SVM) (the "Company") announces an update for its budget and construction schedule for the construction of the El Domo Project (the "Project"). The construction budget for the Project has been updated to $284 million, an increase of $44 million compared to the $240 million estimate dated March 31, 2025 (for reference, the 2021 Feasibility Study Budget wa ...
Down 31.7% in 4 Weeks, Here's Why Domo (DOMO) Looks Ripe for a Turnaround
ZACKS· 2026-01-22 15:35
Core Viewpoint - Domo (DOMO) has experienced a significant decline of 31.7% over the past four weeks, but it is now in oversold territory, suggesting a potential for a turnaround as analysts expect better earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling oversold conditions [2]. - Domo's current RSI reading is 24.27, indicating that the heavy selling pressure may be exhausting, which could lead to a price rebound [5]. - The RSI helps investors identify potential entry points for stocks that have fallen below their fair value due to excessive selling [3]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding Domo's earnings estimates, with a 2.6% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7]. - Domo holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a favorable outlook for a near-term turnaround [8].
Domo: AI Is Making This Company Obsolete (NASDAQ:DOMO)
Seeking Alpha· 2026-01-20 15:45
Core Insights - The stock market experienced a significant rally in 2025, primarily driven by technology stocks, highlighting the volatility and rapid changes within the tech industry [1] Group 1: Market Trends - The tech industry is characterized by rapid changes, where for every successful company, there is often a corresponding failure [1] Group 2: Analyst Background - Gary Alexander has extensive experience in both Wall Street and Silicon Valley, providing insights into current industry themes [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications [1]
Domo (DOMO) Loses 7.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2026-01-06 18:21
Core Viewpoint - Domo (DOMO) is experiencing significant selling pressure, with a 7.8% decline over the past four weeks, but is positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2]. - Domo's current RSI reading is 29.92, suggesting that the heavy selling pressure may be exhausting, indicating a possible reversal in the stock's trend [5]. Group 2: Fundamental Indicators - Analysts covering Domo have shown strong agreement in raising earnings estimates for the current year, resulting in a 4.4% increase in the consensus EPS estimate over the last 30 days, which often correlates with near-term price appreciation [6]. - Domo holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7].
Why Analysts Remain Split on Domo, Inc. (DOMO)
Yahoo Finance· 2025-12-27 12:43
Group 1 - Domo, Inc. (NASDAQ:DOMO) is currently viewed as a promising investment opportunity, with an 'Overweight' rating and a price target of $22 from Cantor Fitzgerald [1] - An analyst from Stephens suggested that Domo could be a potential acquisition target for companies like Snowflake or Databricks, following a significant acquisition in the sector [2] - DA Davidson reduced its price target for Domo from $13.00 to $10.00 while maintaining a Neutral rating, citing concerns over prolonged sales cycles affecting billings [3] Group 2 - Domo operates a cloud-based platform focused on modern AI and data products, and has a strategic partnership with Altis Consulting to enhance its data solutions [3] - The recent trends in the industry indicate a growing importance of real-time streaming workloads for AI and database migration, which could lead to further consolidation among top data technology firms [2]
After Plunging 31.2% in 4 Weeks, Here's Why the Trend Might Reverse for Domo (DOMO)
ZACKS· 2025-12-09 15:36
Core Viewpoint - Domo (DOMO) has experienced a significant decline of 31.2% over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround as analysts expect better earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2]. - Domo's current RSI reading is 24.73, indicating that the heavy selling pressure may be exhausting itself, which could lead to a reversal in the stock's trend [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding an increase in Domo's earnings estimates, with a 2.1% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - Domo holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [8].
Domo(DOMO) - 2026 Q3 - Quarterly Report
2025-12-09 00:43
Revenue Performance - Total revenue for the three months ended October 31, 2025, was $79.4 million, compared to $79.8 million for the same period in 2024, indicating a slight decline [178]. - For the nine months ended October 31, 2025, total revenue was $239.2 million, up from $238.3 million in 2024, reflecting a year-over-year increase of approximately 0.4% [178]. - Total revenue for the same period was $79,403, a slight decrease of $361 thousand compared to $79,764 in 2024 [210]. - Total revenue for the nine months ended October 31, 2025, was $239.2 million, a slight increase of $958, or 0.4%, compared to the prior year [223]. Customer Metrics - As of October 31, 2025, 80% of annual recurring revenue (ARR) was derived from consumption-based service agreements, with expectations for this percentage to increase [175]. - The company had over 2,400 customers as of October 31, 2025, with enterprise customers accounting for 44% of revenue during the same period [183]. Financial Losses and Profitability - The company incurred net losses of $10.4 million for the three months ended October 31, 2025, compared to $18.8 million for the same period in 2024, indicating a reduction in losses [179]. - The net loss for the three months ended October 31, 2025, was $10,388, compared to a net loss of $18,761 in 2024 [207]. Expenses and Cost Management - Sales and marketing expenses as a percentage of total revenue decreased from 47% in Q3 2024 to 43% in Q3 2025, indicating improved efficiency [191]. - Research and development expenses as a percentage of total revenue increased from 27% in Q3 2024 to 24% in Q3 2025, reflecting ongoing investment in platform functionality [193]. - Total cost of revenue increased to $20,504, up 3% from $19,961 in 2024, with subscription costs rising by 7% to $14,281 [211]. - Operating expenses decreased to $65,829, down 7% from $70,887 in 2024, with sales and marketing expenses dropping by 8% to $34,120 [215]. - Research and development expenses fell to $19,062, a 10% decrease from $21,264 in 2024, reflecting lower headcount [216]. - General and administrative expenses increased from 15% to 16% of revenue, with a $1.6 million rise in employee-related costs due to stock-based compensation [218]. Cash Flow and Financing - As of October 31, 2025, the company had $47.9 million in cash and cash equivalents, with a $125.3 million credit facility fully drawn [233]. - For the nine months ended October 31, 2025, net cash provided by operating activities was $10.7 million, with cash collected from customers totaling $232.1 million [242][245]. - During the same period, net cash used in investing activities was $7.6 million, primarily for capitalized development costs related to internal-use software [242][247]. - The company experienced net cash used in financing activities of $1.5 million for the nine months ended October 31, 2025, primarily due to payments on short-term payable financing [242][250]. Debt and Credit Facilities - The company had total debt outstanding of $124.2 million as of October 31, 2025, with a credit facility allowing for term loan borrowings up to $125.3 million [256][257]. - The credit facility was amended in August 2024, extending the maturity date to August 19, 2028, and included the issuance of 1,022,918 fully-vested warrants [239]. Market and Economic Conditions - The company does not believe that inflation has had a material effect on its business, financial condition, or results of operations to date [260]. - The company has foreign currency exchange risks related to revenue and operating expenses denominated in currencies other than the U.S. dollar, primarily the Japanese Yen, British Pound Sterling, and the Australian Dollar [258]. Other Financial Metrics - Remaining performance obligations (RPO) increased from $368.2 million in 2024 to $428.6 million in 2025, with $231.1 million expected to be recognized as revenue in the next twelve months [177]. - The gross retention rate remained stable at 84% for both the trailing twelve months ending October 31, 2024, and 2025, despite macroeconomic challenges [188]. - Subscription revenue for the three months ended October 31, 2025, was $71,879, a 1% increase from $71,113 in 2024, driven by a $3.3 million increase from new customers [210]. - Subscription gross margin was 80% for the three months ended October 31, 2025, down from 81% in 2024, attributed to increased costs from third-party web hosting services [211]. - Income tax provision increased by $52, or 9%, to $634, primarily due to higher taxable income from international subsidiaries [232]. - The company entered into a Controlled Equity Offering Sales Agreement to sell up to $150 million of Class B common stock, with no shares sold to date [236]. - Remeasurement of warrant liability resulted in a $7.5 million net change during the nine months ended October 31, 2025 [231].
Crude Oil Moves Higher; Domo Shares Plunge - DigitalBridge Gr (NYSE:DBRG), Domo (NASDAQ:DOMO)
Benzinga· 2025-12-05 17:30
Market Performance - U.S. stocks showed positive movement with the Nasdaq Composite gaining approximately 0.2% on Friday, while the Dow increased by 0.17% to 47,933.71, and the S&P 500 rose by 0.15% to 6,867.40 [1] - Communication services sector saw a notable increase of 0.9%, while utilities stocks experienced a decline of 0.6% [1] Economic Indicators - The U.S. PCE price index rose by 0.3% month-over-month in September, consistent with the previous month and aligning with market expectations [2][11] - U.S. personal income increased by 0.4% month-over-month to $26.397 trillion in September [8] Commodity Prices - Oil prices increased by 0.7% to $60.08, while gold rose by 0.1% to $4,245.70. Silver saw a significant increase of 2.7% to $59.035, and copper rose by 1.2% to $5.4385 [5] Company News - Praxis Precision Medicines Inc shares surged by 31% to $248.00 following the completion of its pre-NDA meeting with the FDA [9] - DigitalBridge Group Inc shares increased by 32% to $12.86 amid reports of SoftBank's interest in acquiring the company [9] - Rubrik Inc shares rose by 23% to $86.80 after reporting better-than-expected third-quarter results and raising its FY26 guidance [9] - Parsons Corp shares dropped by 25% to $62.97 after losing a joint bid with IBM for a new air traffic control system [9] - Sportsman's Warehouse Holdings Inc shares fell by 30% to $1.70 following disappointing third-quarter results [9] - Domo Inc shares decreased by 23% to $8.87 after reporting third-quarter results and issuing lower-than-expected fourth-quarter sales guidance [9]
Crude Oil Moves Higher; Domo Shares Plunge
Benzinga· 2025-12-05 17:30
U.S. Stock Market Performance - U.S. stocks traded higher, with the Nasdaq Composite gaining around 0.2% on Friday [1] - The Dow increased by 0.17% to 47,933.71, while the NASDAQ rose 0.16% to 23,543.03, and the S&P 500 gained 0.15% to 6,867.40 [1] - Communication services shares jumped by 0.9%, while utilities stocks fell by 0.6% [1] Economic Indicators - The U.S. PCE price index increased by 0.3% month-over-month in September, consistent with the previous month and market estimates [2][11] - U.S. personal income rose by 0.4% month-over-month to $26.397 trillion in September [8] Commodity Market - Oil traded up 0.7% to $60.08, gold increased by 0.1% to $4,245.70, silver rose by 2.7% to $59.035, and copper gained 1.2% to $5.4385 [5] Company-Specific Movements - Praxis Precision Medicines Inc shares surged 31% to $248.00 after announcing completion of its pre-NDA meeting with the FDA [9] - DigitalBridge Group Inc shares increased by 32% to $12.86 following reports of SoftBank's interest in acquiring the company [9] - Rubrik Inc shares rose 23% to $86.80 after reporting better-than-expected third-quarter results and raising FY26 guidance [9] - Parsons Corp shares dropped 25% to $62.97 after losing a joint bid with IBM for a new air traffic control system [9] - Sportsman's Warehouse Holdings Inc shares fell 30% to $1.70 after reporting third-quarter results [9] - Domo Inc shares decreased by 23% to $8.87 after reporting third-quarter results and issuing lower-than-expected fourth-quarter sales guidance [9]