SILICON SLOPES, Utah--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced its first-place ranking in the latest Dresner Advisory Wisdom of Crowds® Analytical Platforms Market Study. Dresner defines analytical platforms as integrated technology environments that include all needed functionality to support multiple analytical or BI use cases. In this third edition of this market study, Dresner required named vendors to have a critical mass of core analytical and BI functionality in a single technology platfo ...

SILICON SLOPES, Utah--(BUSINESS WIRE)--Domo (Nasdaq: DOMO) announced today that its Domo.AI solution has been named a finalist for the 2023 Cloud Awards in the Best Use of Artificial Intelligence (AI) category. Domo was selected as one of the top 15 solutions among a global pool of applicants across industries, and was recognized for its excellence and innovation in cloud computing. “ The rise of generative AI has taken the world by storm, and solution suites—such as Domo.AI--help harness the power of AI s ...

Domo (DOMO) shares soared 9% in the last trading session to close at $10.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.4% loss over the past four weeks.Domo is riding on an expanding clientele, driven by a strong demand for AI-powered software solutions. The Domo platform allows customers to increase their productivity and efficiency and deliver better business outcomes. This is driving adoption, thereby boosting top-line ...

SILICON SLOPES, Utah--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced it has been named a Best Company to Work For by Utah Business Magazine for the twelfth consecutive year. Utah Business Magazine polls thousands of employees across the state of Utah and recognizes organizations that go above and beyond, ensuring work-life balance, supportive leadership and the overall well-being of their people and teams. Domo puts data to work for everyone so they can multiply their impact on the business. As part ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________ Form 10-Q OR __________________________ (Mark One) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 For transition period from to . Commission File Number 001-38553. Securities registered pursuant to Section 12(b) of the Act: DOMO, INC. ...

Domo, Inc. (NASDAQ:DOMO) Q3 2024 Earnings Conference Call November 30, 2023 5:00 PM ET Company Participants Peter Lowry - Vice President, Investor Relations Josh James - Founder and Chief Executive Officer David Jolley - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets Pat Walravens - JMP Securities Sanjit Singh - Morgan Stanley Operator Good day, everyone, and welcome to the Domo Third Quarter Fiscal Year 2024 Earnings Call. Today's call is being recorded. ...

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 July 31, 2023 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) Q2 2024 Earnings Conference Call August 24, 2023 5:00 PM ET Company Participants Peter Lowry - Vice President, Investor Relations Josh James - Founder and Chief Executive Officer David Jolley - Chief Financial Officer Conference Call Participants Derrick Wood - TD Cowen Patrick Walravens - JMP Securities Sanjit Singh - Morgan Stanley Eric Martinuzzi - Lake Street Capital Operator Good afternoon. My name is Emma, and I will be your conference operator today. At this time, I would lik ...

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, 2023 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) ___ ...

Financial Data and Key Metrics Changes - In Q1, total revenue grew by 7% year-over-year, reaching $79.5 million, with subscription revenue growth at 10% [8][31] - Billings for Q1 were $70.3 million, reflecting a year-over-year decline of nearly 4% [31] - Current Remaining Performance Obligations (RPO) grew by 6% year-over-year to $237.5 million, while total RPO increased by 1% to $356.7 million [32] - The company reported a net loss of $6.1 million, an improvement from a loss of $7.6 million a year ago [35] Business Line Data and Key Metrics Changes - Subscription revenue constituted 89% of total revenue and grew at 10% year-over-year [33] - Subscription gross margin improved to 85.9%, up 1.3 percentage points from the previous year [33] Market Data and Key Metrics Changes - International revenue represented 21% of total revenue, consistent with the same quarter last year [33] - The company has seen a stable demand environment in established relationships, particularly in Japan, which continues to perform well [72] Company Strategy and Development Direction - The company is focused on rebuilding its growth trajectory through customer engagement and a motivated sales team [8][29] - A shift to a consumption-based pricing model is expected to enhance customer adoption and align pricing with the value delivered [19][20] - The company aims to leverage AI technologies to enhance its data experience platform, integrating AI solutions that provide flexibility and control to customers [26][28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's prospects, citing a reenergized sales force and improved customer relationships [29][31] - The macroeconomic environment is challenging, but the company believes it can find opportunities to close deals and upsell within existing accounts [50][72] - The company anticipates that efforts to stabilize and grow will begin to show results in the next 2 to 3 quarters [29] Other Important Information - The company was recognized as a leader in the Nucleus Research 2023 Analytics Technology Value Matrix for the third consecutive year [25] - The AI service layer is set to be available in June, with several AI features already accessible [28] Q&A Session Summary Question: What initiatives are being taken to rebuild the large deal pipeline? - The CEO mentioned reengaging with existing customers and leveraging established relationships to facilitate conversations and close deals [42][47] Question: How is the consumption pricing model being implemented? - The CEO explained that the consumption model allows customers to try features without upfront costs, leading to higher adoption rates and upsells [51][53] Question: What is the demand environment like across different geographies? - The CEO noted that established relationships are crucial for closing deals, with Japan performing particularly well, while cold calls have become less effective in the current environment [68][72]