Tag Archives: Domo

SILICON SLOPES, Utah–(BUSINESS WIRE)–Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal second quarter ended July 31, 2023.

Fiscal Second Quarter Results

• Total revenue was $79.7 million, an increase of 5% year over year
• Subscription revenue was $71.2 million, an increase of 6% year over year
• Subscription revenue represented 89% of total revenue
• Billings were $70.6 million, a decrease of 2% year-over-year
• Remaining Performance Obligations (RPO) was $357.6 million as of July 31, 2023, an increase of 2% year over year
• RPO expected to be recognized as revenue in the next 12 months was $232.1 million as of July 31, 2023, an increase of 3% year over year
• Net cash provided by operating activities was $0.6 million
• GAAP subscription gross margin was 84%, consistent…

SILICON SLOPES, Utah–(BUSINESS WIRE)–Domo (Nasdaq: DOMO) today announced that results for its second quarter fiscal 2024 (ended July 31, 2023) will be released on Thursday, August 24, 2023, after the close of the market. The company will host a conference call at 3:00 p.m. (MT) / 5:00 p.m. (ET) to discuss its financial results with the investment community.

Participants can register for the call in advance by visiting https://conferencingportals.com/event/UamMeXVB. Instructions will be shared on how to join the call after registering. A live webcast of the event will be available on the Domo Investor Relations website at www.domo.com/IR.

A replay will be available at (800) 770-2030 or (647) 362-9199 with conference ID #41576 following the completion of the conference call until…