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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.

News
Domo Ranked #1 Vendor in Dresner Advisory Services’ Analytical Platforms Report
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%
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News
Domo.AI Named a Finalist in the 2023-2024 Cloud Awards
Rhea-AI Summary
Domo (Nasdaq: DOMO) has been named a finalist for the 2023 Cloud Awards in the Best Use of Artificial Intelligence (AI) category. Domo.AI is recognized for its excellence and innovation in cloud computing, enabling customers to easily manage, deploy, and optimize AI and ML models. The solution is built on Domo’s cloud-native platform and offers comprehensive and flexible AI framework and tool set, including Large Language Models (LLMs) and generative AI capabilities. Domo's Domo.AI solution spans generative AI, natural language processing, text translations, audio transcription, and more.
Rhea-AI Impact
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End-of-Day
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Domo Named a Best Company to Work For by Utah Business Magazine for the Twelfth Consecutive Year
Rhea-AI Summary
Domo (Nasdaq: DOMO) has been named a Best Company to Work For by Utah Business Magazine for the twelfth consecutive year. The company offers a diverse and talented workforce, robust employee benefits program, and unique parental perks. Domo was also named to Parity.org’s Best Companies for Women to Advance List for the fourth consecutive year and supports the Utah-based LGBTQ+ non-profit, Encircle. Founder and CEO, Josh James, expressed commitment to providing an inclusive and dynamic workplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.86%
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News
Domo Data Experience Platform Now Available in the Microsoft Azure Marketplace
Rhea-AI Summary
Domo (Nasdaq: DOMO) becomes eligible for Microsoft Azure Consumption Commitment (MACC) program, allowing customers to procure its data experience platform directly through the Azure Marketplace using their Azure consumption commitment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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News
Domo Appoints RJ Tracy as New Vice President of Partners, Strategic Development and Channel
Rhea-AI Summary
Domo (Nasdaq: DOMO) appoints RJ Tracy as Vice President of Partners, Strategic Development and Channel to lead and expand the partner program. Tracy will oversee four key initiatives to strengthen relationships with technology platform partners, collaborate with customers using Domo Everywhere, grow Domo's extensive App ecosystem, and expand and strengthen channel partner relationships. Tracy has been with the company for over 11 years and has developed teams that currently oversee more than 80% of Domo’s customer base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
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management
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Domo Releases 11th Annual “Data Never Sleeps” Report
Rhea-AI Summary
Domo (Nasdaq: DOMO) unveils 11th edition of Data Never Sleeps, showcasing increased data usage across digital platforms. The report highlights AI-driven platforms, entertainment dominance, digital spending, and cybersecurity challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
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News
Edify Improves Worker Safety with the Domo Data Experience Platform
Rhea-AI Summary
Domo (Nasdaq: DOMO) partners with Edify.ai to provide data experience platform for workplace safety insights
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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News
Cosmo Energy Holdings Corporation and Domo Develop Data Education Workshops and Internships at Shiga University in Japan
Rhea-AI Summary
Domo (Nasdaq: DOMO) and Cosmo Energy Holdings Co., Ltd. partnered on an educational program to nurture skilled digital transformation talent in Japan. The program included workshops, presentations, and a one-month internship for Shiga University students. Cosmo aims to increase the number of data-enabled employees to 900 by 2025 and hopes to attract students into the data science industry. Domo supports the educational program to nurture data curiosity in the future workforce.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.62%
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News
Domo Receives Multiple Awards in 2023 Ventana Research Buyers Guides
Rhea-AI Summary
Domo (Nasdaq: DOMO) has been recognized as a Leader in the 2023 Ventana Research Buyers Guide for Collaborative Analytics, as well as an Exemplary Vendor in Analytics and Data, Augmented Analytics, Embedded Analytics, and Mobile Analytics. The company was also designated as a Leader in Adaptability, Capability, and Validation in the Customer Experience and Product Experience categories across the Buyers Guides. Domo's top attributes were in customer experience, data model management, data access, and two-way integration capabilities, leading to its high score in Capability.
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News
Domo Announces Third Quarter Fiscal 2024 Financial Results
Rhea-AI Summary
Domo, Inc. (Nasdaq: DOMO) reported a 1% year-over-year increase in total revenue to $79.7 million for the fiscal third quarter ended October 31, 2023. Subscription revenue increased by 3% year over year to $71.3 million, representing 89% of total revenue. The company achieved a 4% year-over-year increase in Remaining Performance Obligations (RPO) to $367.2 million. Domo's GAAP subscription gross margin was 84%, and its non-GAAP subscription gross margin was 85%, both consistent with Q3 FY23. The company reported a GAAP net loss of $16.4 million, or $0.45 per share, and a non-GAAP net loss of $24.0 thousand, or $0.00 per share. Cash, cash equivalents, and restricted cash stood at $57.4 million as of October 31, 2023. Domo provided guidance for its fourth fiscal quarter and full year fiscal 2024, expecting revenue to be in the range of $79.0 million to $80.0 million for Q4 Fiscal 2024, and in the range of $317.8 million to $318.8 million for Full Year Fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.27%
Tags
earnings
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Domo Inc.

Nasdaq:DOMO

DOMO Rankings

#3434 Ranked by Market Cap
#4791 Ranked by Stock Gains
N/A Ranked by Dividends

DOMO Stock Data

315.28M
32.12M
4.14%
68.46%
4.41%
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US
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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.