Welcome to our dedicated page for Domo news (Ticker: DOMO), a resource for investors and traders seeking the latest updates and insights on Domo stock.
Domo Inc. (DOMO) delivers cloud-based business intelligence solutions that transform organizational data into actionable insights. This page provides investors and professionals with verified updates about the company's operational milestones, financial results, and market positioning.
Discover comprehensive coverage of earnings announcements, product innovations, and strategic partnerships. Our curated news collection simplifies tracking Domo's progress in enterprise software and cloud analytics while maintaining strict adherence to factual reporting standards.
Key focus areas include updates on SaaS platform enhancements, data integration capabilities, and mobile-first analytics solutions. All content reflects Domo's core mission to connect business systems through real-time intelligence accessible across organizational levels.
Bookmark this resource for efficient monitoring of developments impacting Domo's role in digital transformation. Return regularly for authoritative updates on one of business intelligence's most dynamic platforms.
Domo (Nasdaq: DOMO) has announced a new collaboration with Moss Adams, a leading accounting and consulting firm. This partnership will enhance Moss Adams' ability to implement Domo’s analytics platform, promoting efficient data processes for clients. By utilizing Domo's Business Intelligence (BI) solutions, Moss Adams aims to automate manual tasks, enabling real-time data insights that drive business value. Upcoming insights from Moss Adams will be shared at Domopalooza 2022 on March 23, highlighting the operational benefits of leveraging advanced analytics.
Domo (Nasdaq: DOMO) is set to host a virtual investor session as part of Domopalooza 2022 on March 24, 2022, at 10:30 AM MT/12:30 PM ET. This event aims to provide insights for investors and financial analysts, which will be accessible via live webcast on Domo's Investor Relations website. Domo continues to redefine business management with its Business Cloud platform and aims to deliver Modern BI for All™. For further details about Domo's offerings, visit www.domo.com.
Domo (Nasdaq: DOMO) will present at the JMP Securities Technology Conference on March 8, 2022, at 12:00pm PT, and at the Morgan Stanley Technology, Media and Telecom Conference on March 9, 2022, at 3:00pm PT. A live webcast of these presentations will be accessible on Domo's Investor Relations website. Domo is committed to transforming business management with its Business Cloud solutions, enabling rapid and scalable processes. For more details, visit Domo's Investor Relations page.
Domo, Inc. reported fiscal Q4 2022 results with total revenue of $70.0 million, up 23% y-o-y. Subscription revenue was $59.6 million, marking a 19% increase. Billings reached $108.0 million, growing 30% y-o-y. Remaining Performance Obligations stood at $339.0 million, with $221.7 million expected to be recognized as revenue in the next year. However, the GAAP net loss was $33.3 million ($1.01 per share). For fiscal 2023, Domo forecasts revenue between $314.0 million to $319.0 million and a non-GAAP net loss per share of $1.43 to $1.53.
Domo, Inc. announced a leadership transition involving several promotions and appointments. John Mellor is named CEO, having previously served as Chief Strategy Officer. Catherine Wong is promoted to COO, enhancing operational leadership. Founder Josh James steps down from his roles as CEO and Chairman. Carine Clark becomes Executive Chair, while John Pestana joins the Board as an independent director. Domo reported record billings of $108 million for Q4 FY2022, marking a 30% year-over-year increase, and has been cash-flow positive since FY2021.
Domo (Nasdaq: DOMO) is set to announce its fourth quarter and full-year fiscal 2022 results on March 1, 2022, after market close. A conference call is scheduled for 3:00 p.m. (MT) / 5:00 p.m. (ET) to discuss the financial details with investors. Interested parties can register for the call online or access a live webcast through the Domo Investor Relations website. A replay of the call will be available until March 15, 2022.
Domo (Nasdaq: DOMO) has been recognized as a top vendor in the Dresner Advisory Services’ 2021 Embedded Business Intelligence Report. This ranking highlights Domo's strength in user features, platform integration, and interface integration. The report emphasizes the growing importance of Embedded Business Intelligence among IT and business leaders, particularly in sectors like technology, government, and healthcare. Domo’s Domo Everywhere solution enhances data accessibility, enabling organizations to deliver new data experiences efficiently.
Domo, a leading Business Cloud provider (Nasdaq: DOMO), has appointed Mohammed Aaser as the new Chief Data Officer. Aaser joins from McKinsey and Company, where he advanced data strategies for numerous clients. In his new role, he will enhance customer data experiences and collaborate with over 1,000 technology partners to maximize Domo's integration capabilities. Aaser emphasized Domo's unique approach to simplifying data access and usage across organizations, promising to shorten development lifecycles significantly.
Domo (Nasdaq: DOMO) announces the appointment of Mohammed Aaser as Chief Data Officer, bringing over 15 years of experience, including his previous role at McKinsey and Company. Aaser aims to enhance modern data experiences for customers and will collaborate with data partners to leverage Domo's extensive integration ecosystem. His prior achievements include leading data innovation at McKinsey and overseeing the analytics practice at Ameriprise Financial. Founder Josh James highlighted Aaser's passion for making data accessible and actionable, which aligns with Domo's mission to streamline business processes.
FAQ
What is the current stock price of Domo (DOMO)?
What is the market cap of Domo (DOMO)?
