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Domo, Inc. Class B - DOMO STOCK NEWS

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

Domo, Inc. (DOMO) is a leading company that provides a cloud-based platform aimed at optimizing business performance by connecting data, systems, and people within an organization. With an impressive backing of over $500 million from top-tier investors and spearheaded by seasoned professionals from renowned technology companies, Domo ensures real-time access to data and insights, empowering every employee from the CEO to the frontline workers.

The Domo platform serves as a subscription-based service, enabling users to manage their business operations from their smartphones. Key features include real-time notifications on any device, immediate actions on invitations, and seamless write-backs to the original systems of record. This innovative approach allows businesses to stay agile, make data-driven decisions, and improve overall efficiency.

Recent achievements include expanding their customer base and continuously enhancing their platform's capabilities to meet the evolving needs of modern businesses. Domo's partnerships with various industries highlight its versatility and effectiveness in diverse business environments.

Financially, Domo has shown steady growth, driven by its strong subscription revenue model and professional services. The company's focus on continuous improvement and customer satisfaction places it as a significant player in the cloud-based business intelligence sector.

Stay updated with the latest news and developments about Domo, Inc. to understand its impact on the business intelligence landscape and its potential for future growth.

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Domo achieves Google Cloud Ready - BigQuery designation, allowing seamless integration and data analysis across multiple environments.
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Domo announces Domo.AI, a portfolio of comprehensive and flexible AI services powered by its data experience platform. Domo.AI enables users to easily manage, deploy, and optimize AI and machine learning models, delivering rapid, actionable answers to core business questions. Customers are already leveraging Domo.AI to drive AI-powered data experiences. Domo's efforts to increase governance and safety aim to make users more capable and responsible stewards of AI in the enterprise.
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Domo, Inc. announces Q2 fiscal results with total revenue of $79.7 million, representing a 5% YoY increase. Subscription revenue increased by 6% YoY, representing 89% of total revenue. Billings decreased by 2% YoY. RPO was $357.6 million, increasing by 2% YoY. GAAP net loss was $16.1 million. Domo ranked as the number one vendor in the 2023 Self-Service BI Market Study and received perfect scores in the 2023 Wisdom of Crowds BI Market Study. Domo provides guidance for Q3 and full year fiscal 2024.
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Domo announces Domo for Higher Education program to provide tools and resources for students and educators
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Domo announces annual Innovation Summit on August 29, 2023, focusing on AI-powered data experiences and growth acceleration.
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Domo (Nasdaq: DOMO) to release Q2 fiscal 2024 results on August 24, 2023
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FAQ

What is the current stock price of Domo Class B (DOMO)?

The current stock price of Domo Class B (DOMO) is $7.07 as of December 24, 2024.

What is the market cap of Domo Class B (DOMO)?

The market cap of Domo Class B (DOMO) is approximately 276.5M.

What does Domo, Inc. specialize in?

Domo, Inc. specializes in providing a cloud-based platform that connects data, systems, and people to optimize business performance.

How does Domo's platform benefit businesses?

Domo's platform offers real-time data access, notifications across devices, and actionable insights, helping businesses make informed decisions and improve efficiency.

What type of revenue model does Domo, Inc. use?

Domo, Inc. utilizes a subscription-based revenue model for its cloud-based platform, supplemented by professional services.

Who are the target users of Domo's platform?

The platform is designed for all employees within an organization, from CEOs to frontline workers, to connect them with necessary data and expertise.

How is Domo backed financially?

Domo is supported by over $500 million from some of the world's best investors.

Can Domo's platform be accessed on mobile devices?

Yes, Domo's platform can be managed and accessed from smartphones, allowing for on-the-go business management.

What recent achievements has Domo, Inc. accomplished?

Domo has expanded its customer base and enhanced its platform capabilities to better meet modern business needs.

What industries does Domo, Inc. cater to?

Domo caters to a wide range of industries, demonstrating its versatility and effectiveness in diverse business environments.

How does Domo ensure data security and integrity?

Domo integrates robust security measures to protect data and ensures seamless integration with existing systems of record.

Where can I find the latest news about Domo, Inc.?

You can find the latest news and updates about Domo, Inc. on their official website or through various financial news platforms.

Domo, Inc. Class B

Nasdaq:DOMO

DOMO Rankings

DOMO Stock Data

276.49M
33.52M
6.81%
73.88%
4.66%
Software - Application
Services-prepackaged Software
Link
United States of America
AMERICAN FORK