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Domo Inc - DOMO STOCK NEWS

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) 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.

Rhea-AI Summary
Domo is hosting The Domo for Higher Education Student Case Competition, with the top 10 teams competing for a chance to win over $50,000 in prizes. The competition focuses on solving real-world challenges in healthcare using Domo's platform and data from Regional One Health. The finalists include teams from Brigham Young University, Stanford University, University of California, Davis, Northwestern University, Utah State University, and University of Utah.
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Domo has been ranked as an 'Overall Leader' in the Customer Experience Model and the Vendor Credibility Model in Dresner Advisory Services' 2023 Wisdom of Crowds SME Business Intelligence Market Study. This marks Domo's fifth Dresner distinction in 2023.
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Domo and Hope for Henry named finalists in the Analytics category of Ventana Research's Digital Leadership Awards
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Domo selected as a top U.S. company for business intelligence and analytics in the 2023 SaaS Awards.
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Domo recognized as One to Watch in Snowflake's Modern Marketing Data Stack Report, enabling marketers to leverage Domo alongside Snowflake Data Cloud for better strategy and decision-making.
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0.83%
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Regional One Health achieves 190% ROI with Domo's data experience platform
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Domo named Overall Leader in Business Intelligence category for seventh consecutive year
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Domo achieves Google Cloud Ready - BigQuery designation, allowing seamless integration and data analysis across multiple environments.
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0.57%
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Rhea-AI Summary
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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FAQ

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

The current stock price of Domo (DOMO) is $8.16 as of February 21, 2025.

What is the market cap of Domo (DOMO)?

The market cap of Domo (DOMO) is approximately 330.5M.

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

Nasdaq:DOMO

DOMO Rankings

DOMO Stock Data

330.46M
33.50M
6.81%
73.88%
4.66%
Software - Application
Services-prepackaged Software
Link
United States
AMERICAN FORK