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Domo Inc. - DOMO STOCK NEWS

Welcome to our dedicated news page for Domo (Ticker: DOMO), a resource for investors and traders seeking the latest updates and insights on Domo.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Domo's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Domo's position in the market.

Rhea-AI Summary
Domo announces Domopalooza 2024 with Allie K. Miller as keynote speaker. The event will focus on leveraging artificial intelligence to take action on data, offering networking opportunities and instructional workshops. Attendees can register for the event in Salt Lake City, Utah.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.71%
Tags
AI
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Rhea-AI Summary
Domo (Nasdaq: DOMO) has won five Dresner Advisory Services 2023 Technology Innovation Awards, showcasing its excellence in Analytical Platforms, Cloud Computing + BI, Embedded BI, Guided Analytics, and Self-Service BI. The awards highlight Domo's innovation and customer-centric approach, empowering businesses to drive growth and competitiveness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
none
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Rhea-AI Summary
Domo, Inc. (DOMO) reported its fiscal fourth quarter and full year fiscal 2024 results, with total revenue of $80.2 million and $319.0 million respectively. The company saw a 1% increase in total revenue for the quarter and a 3% increase for the full year. Subscription revenue increased by 2% year over year for the quarter and 5% for the full year. Billings for the quarter were $105.4 million, up 1% year over year, and $321.1 million for the full year, a decrease of 1% year over year. GAAP net loss was $18.7 million for the quarter and $75.6 million for the full year. Non-GAAP net loss was $1.9 million for the quarter and $8.8 million for the full year. Domo provided guidance for its first fiscal quarter and full year fiscal 2025, expecting revenue in the range of $79.0 million to $80.0 million for Q1 and $315.0 million to $323.0 million for the full year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.6%
Tags
Rhea-AI Summary
Domo (DOMO) to release Q4 and full-year fiscal 2024 results on March 7, 2024, followed by a conference call for financial discussion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.14%
Tags
-
Rhea-AI Summary
Domo (Nasdaq: DOMO) partners with Home Franchise Concepts, a leading franchisor, to improve business decisions and data sharing. The partnership enables Home Franchise Concepts to streamline processes, create dashboards, and optimize business opportunities using Domo Everywhere.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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none
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Rhea-AI Summary
Domo (DOMO) extends debt maturity to April 1, 2026, under favorable market terms. CFO David Jolley highlights the importance of aligning capital structure with market prospects and plans for a longer-term facility to enhance financial position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
Tags
none
Rhea-AI Summary
Domo's Chief Marketing Officer, Mark Boothe, wins Utah Business Magazine's SAMY award for Marketing Leadership. Boothe's customer-centric approach has led to significant results, including a 136% increase in Community Forum visits. His initiatives like Domo Central and Domo Connections Tour have strengthened customer relationships and driven impressive outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
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none
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Rhea-AI Summary
Domo's CTO and Sr. Director of AI Labs named to AI Utah 100 for their contributions to AI innovation. Daren Thayne recognized as an Integrator for developing Domo.AI framework, while Kristie J. Rowley, PhD honored as a Builder for innovating advanced AI solutions at Domo.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
Tags
AI
-
Rhea-AI Summary
Domo (Nasdaq: DOMO) announced that Falvey Insurance Group has chosen Domo to bring together its disparate data sources into a single platform, resulting in 5x revenue growth. Falvey, a leading cargo insurance provider in the US, struggled with accessing proprietary data systems, causing delays in reporting. Domo's connectors enabled real-time data access, improving decision-making.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
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none
Rhea-AI Summary
Domo (DOMO) has secured the first-place ranking in the latest Dresner Advisory Wisdom of Crowds Analytical Platforms Market Study. This marks the sixth Dresner distinction for the company in 2023. The ranking is based on confirmed functionality and collective end-user feedback, showcasing the company's full-stack, cloud native technology platform that supports multiple analytical and BI use cases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
none
Domo Inc.

Nasdaq:DOMO

DOMO Rankings

DOMO Stock Data

315.28M
32.12M
4.14%
68.46%
4.41%
Software Publishers
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US
American Fork

About DOMO

domo optimizes your business by connecting you to the data, people, and expertise you need to improve business results. domo helps every employee – from the ceo to the front line worker – optimize business performance by connecting them to the right data and people they need to improve business results. the company is backed with more than $500 million from the world’s best investors and is led by a management team with tenure at the world’s most well-known technology companies.