Domo(US:DOMO) Businesswire·2026-02-19 21:45Core Viewpoint - Domo is exploring strategic alternatives to enhance shareholder value while reaffirming its Fiscal Year 2026 guidance [1] Group 1: Strategic Alternatives - Domo's Board of Directors has initiated a formal process to evaluate strategic alternatives, which may include strategic investments, sales, or business combinations [1] - The company has engaged Jefferies LLC as its financial advisor and Goodwin Procter LLP as its legal advisor for this evaluation process [1] Group 2: Fiscal Year 2026 Guidance - Domo reaffirms its guidance for Fiscal Year 2026, expecting a non-GAAP net loss per share between $0.07 and $0.11 based on 41.0 million weighted-average shares outstanding [1] - Revenue for Fiscal Year 2026 is projected to be between $317.5 million and $318.5 million [1] Group 3: Product Developments - Domo has made significant progress in enhancing its product platform and expanding AI capabilities, indicating a focus on growth strategy [1] - The company launched Domo MMM, an AI-powered marketing measurement service, to help organizations assess the effectiveness of their marketing investments [2] - Domo introduced App Catalyst, a feature that enables organizations to create custom applications using natural language prompts while ensuring governance and security [2]