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Financial Data and Key Metrics Changes - In Q2, total revenue was $78.4 million, representing a year-over-year decrease of 2% [24] - Subscription revenue accounted for 90% of total revenue and was flat year-over-year [24] - Q2 billings were $68.6 million, slightly below guidance due to a large customer opting for quarterly billing [24][25] - Gross retention improved to 88%, up from 83% in Q1, while net retention was 90% year-over-year [25] - Non-GAAP operating margin was 2.5%, with a non-GAAP net loss of $2.7 million compared to $0.8 million a year ago [27] - Adjusted free cash flow was negative $5.6 million, resulting in a cash balance of $55.7 million [27] Business Line Data and Key Metrics Changes - The consumption cohort showed gross retention of 98% and net retention of 118%, indicating strong performance compared to the overall business [25] - Over 45% of annual recurring revenue (ARR) is now on consumption contracts, with expectations to exceed 50% by year-end [14] Market Data and Key Metrics Changes - Current remaining performance obligations (RPO) were $225.4 million, with total RPO increasing to $358.9 million year-over-year [26] - The average contract duration for deals closed in Q2 was up more than 10% year-over-year [26] Company Strategy and Development Direction - The company is focusing on a shift to consumption-based pricing to drive expansion and customer retention [14][15] - Strategic partnerships with cloud data warehouses (CDWs) are being emphasized to enhance customer engagement and market positioning [7][11] - The company aims to leverage its partnerships to create joint solutions and drive consumption across customer bases [11][39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth opportunities stemming from ecosystem partnerships, although financial results may take 12 to 24 months to reflect this [13][29] - The company is confident in its strategic direction and believes it is better positioned to capitalize on market opportunities [6][29] Other Important Information - The CFO, David Jolley, will transition to a senior advisory role due to health issues, with Todd Crane taking over as CFO [20][21] - The company successfully refinanced its debt, extending maturity to August 2028 and reducing interest rates [26][44] Q&A Session Summary Question: Insights on strategic conversations with customers - Management noted that partnerships with CDWs have improved relationships with CIOs, allowing for more strategic discussions about data strategies [33][34] Question: Timeframe for deal closure from the partner pipeline - Management indicated that while they are eager to see an uptick in billings, they need more data before providing specific timelines [38] Question: Efficiency in sales and marketing expenses - Management attributed the drop in sales and marketing expenses to headcount changes and natural attrition, expecting a more efficient sales process moving forward [40][41] Question: Details on the refinancing terms - The company extended the loan maturity and reduced the cash interest rate, providing improved financial flexibility [44] Question: Partnerships with CDWs - Management confirmed active partnerships with Snowflake, Databricks, Google, Oracle, and IBM, all of which are live in various capacities [45][46] Question: Competitive dynamics with CDWs - Management acknowledged the cooperative nature of relationships with CDWs, emphasizing the complementary roles in delivering customer solutions [50][51]

Group 1 - Domo reported a quarterly loss of $0.07 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.28, representing an earnings surprise of 75% [1] - The company posted revenues of $78.41 million for the quarter ended July 2024, surpassing the Zacks Consensus Estimate by 3.02%, although this is a decrease from $79.67 million in the same quarter last year [2] - Domo shares have underperformed, losing about 25.1% since the beginning of the year compared to the S&P 500's gain of 17.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of $78.15 million, and for the current fiscal year, it is -$0.95 on revenues of $314.37 million [7] - The Zacks Industry Rank for Internet - Software is currently in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] Group 3 - Domo has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates four times during the same period [2] - The estimate revisions trend for Domo is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]

Financial Performance - Total revenue for Q2 FY2025 was $78.4 million, a decrease of 2% year over year[2] - Subscription revenue was $70.9 million, with billings at $68.6 million, down 3% year over year[2] - Total revenue for the three months ended July 31, 2024, was $79,672,000, a slight increase from $78,407,000 for the same period in 2023, representing a growth of 1.6%[18] - Subscription revenue for the six months ended July 31, 2024, was $143,031,000, compared to $142,301,000 for the same period in 2023, indicating a growth of 0.5%[18] - Total revenue for the three months ended July 31, 2023, was $79,672 million, a slight increase from $78,407 million in the same period last year, while total revenue for the six months ended July 31, 2023, was $159,130 million, compared to $158,510 million last year[22] Profit and Loss - GAAP net loss was $19.5 million, translating to a GAAP net loss per share of $0.51 based on 38.4 million weighted-average shares outstanding[2] - Non-GAAP net loss was $2.7 million, with a non-GAAP net loss per share of $0.07 based on the same share count[2] - Net loss for the three months ended July 31, 2024, was $16,068,000, compared to a net loss of $19,490,000 for the same period in 2023, representing an improvement of 17.3%[18] - The company reported a net loss on a GAAP basis of $19,490 for the three months ended July 31, 2024, compared to a net loss of $16,068 in the same period last year[21] Cash Flow and Assets - Domo's cash, cash equivalents, and restricted cash totaled $55.7 million as of July 31, 2024[2] - Cash and cash equivalents as of January 31, 2024, were $60,939,000, down from $55,704,000 as of July 31, 2024[19] - Net cash provided by operating activities for the three months ended July 31, 2024, was $635, compared to a net cash used of $6,171 in the same period last year[20] - Net cash provided by operating activities for the three months ended July 31, 2023, was $635 million, a recovery from $(6,171) million in the same period last year[22] Guidance and Projections - For Q3 FY2025, revenue is expected to be between $77.0 million and $78.0 million[5] - Full year FY2025 revenue guidance is projected to be in the range of $313.0 million to $315.0 million[5] Deferred Revenue and Liabilities - Remaining Performance Obligations (RPO) stood at $358.9 million as of July 31, 2024[2] - Deferred revenue at the end of the period for July 31, 2023, was $164,882 million, compared to $161,601 million at the end of the previous year[22] - The decrease in deferred revenue (current and noncurrent) for the three months ended July 31, 2023, was $(9,109) million, compared to $(9,781) million in the same period last year[22] - Total current assets decreased from $153,744,000 on January 31, 2024, to $128,829,000 on July 31, 2024, a decline of 16.2%[19] - Current liabilities increased from $237,800,000 on January 31, 2024, to $224,620,000 on July 31, 2024, a decrease of 5.5%[19] - Total liabilities decreased from $379,206,000 on January 31, 2024, to $364,118,000 on July 31, 2024, indicating a reduction of 4.0%[19] Operating Expenses - Operating expenses for the three months ended July 31, 2024, totaled $71,185,000, a decrease from $72,770,000 in the prior year, showing a reduction of 2.2%[18] - Total operating expenses on a non-GAAP basis for the six months ended July 31, 2024, were $125,355, up from $120,790 in the same period last year[21] Recognition and Achievements - Domo achieved a total ROI of 184% for Manulife Financial Corporation through the adoption of its platform[3] - Domo was recognized as a leader in multiple industry reports, including Nucleus Research's 2024 Business Intelligence and Analytics Technology Value Matrix[3]

______________________________________ 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 ...

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 ...

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, 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) 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 ...

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]