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Domo: Advantageous Time To Sell (Rating Downgrade)
Seeking Alpha· 2024-08-30 10:15
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Domo(DOMO) - 2025 Q2 - Earnings Call Transcript
2024-08-30 01:29
Domo, Inc. (NASDAQ:DOMO) Q2 2025 Earnings Conference Call August 29, 2024 5:00 PM ET Corporate Participants Peter Lowry - Vice President, Investor Relations Joshua James - Founder and Chief Executive Officer David Jolley - Chief Financial Officer Conference Call Participants Derrick Wood - TD Cowen Patrick Walravens - Citizens JMP Sanjit Singh - Morgan Stanley Eric Martinuzzi - Lake Street Capital Markets Operator Greetings and welcome to the Domo Q2 Fiscal Year 2025 Earnings Call. At this time, all partici ...
Domo (DOMO) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-29 22:16
Domo (DOMO) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this company would post a loss of $0.23 per share when it actually produced a loss of $0.33, delivering a surprise of -43.48%. Over the last four quarters, the company has surpassed consensus ...
Domo(DOMO) - 2025 Q2 - Quarterly Results
2024-08-29 20:12
Exhibit 99.1 Domo Announces Second Quarter Fiscal 2025 Financial Results Silicon Slopes, Utah - August 29, 2024 - Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal second quarter ended July 31, 2024. Fiscal Second Quarter Results • Total revenue was $78.4 million, a decrease of 2% year over year • Subscription revenue was $70.9 million • Billings were $68.6 million, a decrease of 3% year over year • Remaining Performance Obligations (RPO) was $358.9 million as of July 31, 2024 • Net cash used ...
Silvercorp Updates El Domo Development Plans and Staffing
Prnewswire· 2024-08-21 12:00
______________________________________ Trading Symbols: SVM (TSX/NYSE American) SRL (TSXV), SRLZF (OTCQB) VANCOUVER, BC, Aug. 21, 2024 /PRNewswire/ - With the successful acquisition of Adventus Mining Corporation on July 31, 2024 and the receipt of the Change of Phase for the El Domo copper-gold project (the "Project") (see August 6, 2024 news release), Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM), its Ecuadorian subsidiary, Curimining S.A. ("Curimining"), and Salaz ...
El Domo - Curipamba Project Fully Permitted to Start Construction
Prnewswire· 2024-08-06 12:00
Trading Symbols: SVM (TSX/NYSE American), SRL (TSXV), SRLZF (OTCQB) VANCOUVER, BC, Aug. 6, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) and Salazar Resources Limited ("Salazar") (TSXV: SRL) (OTCQB: SRLZF) are pleased to announce that the Ministry of Energy and Mines of the Government of Ecuador ("MEM") has issued a Resolution of Change of Phase for the El Domo-Curipamba Project (the "Project"). The Resolution of Change of Phase advances the legal ...
Domo(DOMO) - 2025 Q1 - Quarterly Report
2024-06-07 00:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________ Form 10-Q __________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to . Commission File Number 001-38553. DOMO, INC. (Exact Name of Registrant as Specified in its Charter) ___ ...
Domo(DOMO) - 2025 Q1 - Earnings Call Transcript
2024-05-24 05:29
Domo, Inc. (NASDAQ:DOMO) Q1 2025 Earnings Conference Call May 23, 2024 5:00 PM ET Company Participants Peter Lowry - Vice President, Investor Relations Joshua James - Founder and CEO David Jolley - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Patrick Walravens - Citizens JMP Eric Martinuzzi - Lake Street Gil Luria - D.A. Davidson Operator Greetings, and welcome to the Domo First Quarter Fiscal Year 2025 Earnings Call. At this time all participants are in a listen only mode. A question-and- ...
Domo (DOMO) Reports Q1 Loss, Tops Revenue Estimates
zacks.com· 2024-05-23 22:16
Domo (DOMO) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -43.48%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.05, delivering a surprise of -66.67%. Ahead of this earnings release, the estimate revisions trend ...
Domo(DOMO) - 2025 Q1 - Quarterly Results
2024-05-23 20:08
Financial Performance - Total revenue for the first quarter of fiscal 2025 was $80.1 million, representing a 1% increase year over year[4] - Subscription revenue was $72.1 million, also a 1% increase year over year[4] - Billings decreased by 7% year over year to $65.5 million[4] - GAAP net loss was $26.0 million, with a GAAP net loss per share of $0.69 based on 37.5 million weighted-average shares outstanding[4] - Non-GAAP net loss was $12.3 million, with a non-GAAP net loss per share of $0.33[4] - For the three months ended April 30, 2024, Domo, Inc. reported a net loss of $26,007 thousand, compared to a net loss of $24,403 thousand for the same period in 2023, reflecting a 6.6% increase in losses[23] - Subscription revenue for the three months ended April 30, 2024, was $72,110 thousand, up from $71,090 thousand in the same period of 2023, indicating a growth of 1.4%[25] - The total revenue for the three months ended April 30, 2024, was $80,103 thousand, compared to $79,458 thousand in the same period of 2023, representing a growth of 0.8%[27] Cash and Expenses - Cash, cash equivalents, and restricted cash totaled $61.2 million as of April 30, 2024[4] - Cash, cash equivalents, and restricted cash at the end of the period for April 30, 2024, were $61,158 thousand, a decrease from $65,988 thousand at the end of the previous period[23] - Total operating expenses on a GAAP basis for the three months ended April 30, 2024, were $80,839 thousand, slightly up from $80,598 thousand in the same period of 2023[25] - Domo's stock-based compensation expense decreased from $16,472 thousand in April 2023 to $14,142 thousand in April 2024[25] - Domo's adjusted free cash flow improved to $496 thousand for the three months ended April 30, 2024, compared to an adjusted free cash flow of $(716) thousand for the same period in 2023[27] - The company experienced a net cash provided by operating activities of $1,901 thousand for the three months ended April 30, 2024, compared to $828 thousand for the same period in 2023, marking a significant increase of 129.5%[27] Future Guidance - Revenue guidance for the second quarter of fiscal 2025 is expected to be between $76.0 million and $77.0 million[11] - Non-GAAP net loss per share for the second quarter is expected to be between $0.26 and $0.30 based on 38.4 million weighted-average shares outstanding[11] Market Position and Recognition - Domo won five Dresner Advisory Services 2023 Technology Innovation Awards, highlighting its competitive position in the market[5] - Domo was ranked the number one vendor in the 2024 Wisdom of Crowds® Cloud Computing and Business Intelligence (BI) Market Study for the eighth consecutive year[5] Revenue Recognition - The subscription gross margin on a GAAP basis decreased from 85% in April 2023 to 82% in April 2024, while the non-GAAP subscription gross margin also declined from 86% to 83%[25] - The company reported a decrease in deferred revenue of $14,607 thousand for the three months ended April 30, 2024, compared to a decrease of $9,159 thousand in the same period of 2023[27]