Domo Inc Stock Price, News & Analysis

Domo (Nasdaq: DOMO) has been honored with five Dresner Advisory Services 2024 Technology Innovation Awards for the eighth consecutive year. The awards recognize Domo as a top vendor in several Wisdom of Crowds® thematic market reports, including Analytical Platforms, Cloud Computing + Business Intelligence (BI), Embedded BI, Collective Insights, and Self-Service BI.

The Wisdom of Crowds research is based on data from various users across industries, providing a comprehensive view of market trends, products, and vendors. Domo's platform supports multiple analytical and BI use cases without requiring additional technologies, employs cloud deployment models, integrates BI features into other applications, combines user governance with collaborative BI, and enables users to create and share insights easily.

Ben Schein, SVP of Product at Domo, highlighted that these distinctions demonstrate the platform's ability to deliver actionable insights with flexibility, agility, scale, and speed. Howard Dresner, founder and chief research officer at Dresner Advisory Services, praised Domo for its comprehensive solutions and consistent performance.

Domo (Nasdaq: DOMO) has announced it will release its fourth quarter and full-year fiscal 2025 financial results on Thursday, March 6, 2025, after market close. The company will host a conference call at 3:00 p.m. (MT) / 5:00 p.m. (ET) to discuss these results with investors.

A live dial-in will be available, and investors can also access a live webcast through Domo's Investor Relations website. A replay of the call will be accessible until April 6, 2025, at 11:59 p.m. (ET).

Domo (Nasdaq: DOMO) has achieved significant returns for customers implementing its AI and Data Products platform, according to a new Nucleus Research report. The analysis reveals customers receive $6.93 for every dollar invested, with an average ROI of 536 percent and a nine-month payback period.

Key benefits reported by customers include a 35 percent improvement in user productivity, 20 percent technology cost savings, and an average 15 percent increase in revenue. Some customers achieved returns as high as 1,670 percent and experienced up to 197 percent increases in lead growth for targeted segments through data-driven campaign alignment.

Domo (Nasdaq: DOMO) has been awarded the 2025 DEVIES Award in the Data Analytics & Visualization category for its Domo.AI portfolio. The platform was recognized for its ability to simplify how developers integrate business data to power data-driven tools and workflows.

Domo.AI enables users to manage, deploy, and optimize AI and machine learning models, including Large Language Models (LLMs), in an accessible and secure manner. The platform stands out for its ability to bridge the gap between technical and non-technical users, combining sophisticated AI capabilities with an intuitive user experience.

The award was granted by an independent DevNetwork Advisory Board, which evaluated nominees based on technical innovation, industry awareness, and adoption by developer communities. Matthew Payne, VP of Engineering at Domo, emphasized the platform's role in enabling companies to build data-driven cultures where all employees can contribute to business value using AI and data products.

Domo (Nasdaq: DOMO) has achieved recognition from Database Trends and Applications (DBTA) magazine, which named Domo.AI to its list of Trend-Setting Products in Data and Information Management for 2025. The selection highlights Domo.AI's comprehensive portfolio of AI services that enhance the company's AI and Data Products platform.

The platform provides organizations with end-to-end tools for model creation, management, AI deployment, and enhanced governance and security. According to Matthew Payne, VP of Engineering at Domo, this recognition validates their commitment to making data technology accessible regardless of expertise level.

This acknowledgment comes as DBTA forecasts the big data market to reach $401.2 billion by 2028. Domo's platform focuses on ensuring data is AI-ready, governed, and secure, enabling organizations to leverage data effectively across all levels, from frontline workers to CEOs.

Domo (Nasdaq: DOMO) announced that Response Media, a data-led digital marketing agency, has chosen Domo as its global data platform. The partnership has enabled Response Media to develop more robust data practices through streamlined data storage and visualization, leading to enhanced strategic decision-making and revenue growth.

As a Domo-certified partner, Response Media successfully implemented one of its largest dashboard projects, handling 1.5 billion rows of data from over 30 sources, completing it 25% faster than expected. The integration has allowed the agency to automate time-intensive tasks, improve reporting efficiency, and reallocate resources more effectively, resulting in cost savings and improved operational efficiency.

The partnership enables Response Media to implement Domo software with its own customers, creating additional value opportunities while strengthening their data-driven marketing solutions.

Domo (Nasdaq: DOMO) has achieved significant recognition in ISG's 2024 Analytics and Data Buyers Guides, being ranked in the Exemplary quadrant across five categories. The company received top distinctions as an Overall, Product, and Capability Leader in GenAI Analytics, Collaborative Analytics, and Mobile Analytics. Additionally, Domo was named a Product and Capability Leader in Embedded Analytics and a Capability Leader in Analytics and Data.

The company scored an A- in Customer Experience and TCO/ROI categories across all five guides. These rankings were determined through ISG's independent evaluation, conducted without vendor sponsorship or influence, as part of their Consulting, Advisory, Research and Education (CARE) services.

Domo (Nasdaq: DOMO) has announced a strategic partnership with Data Consulting Group (DCG), a global firm specializing in enterprise-scale data and analytics solutions. DCG will integrate Domo's AI and data products platform into its service offerings, leveraging features like Domo Everywhere for embedded analytics.

The partnership focuses on providing customers with comprehensive data management and democratization capabilities across enterprises. DCG utilizes Domo's platform to connect and consolidate data from various sources, offering real-time, interactive dashboards to clients. A notable implementation includes collaboration with one of the world's largest gaming platforms, where the partnership helps streamline customer tracking and data integration.

The collaboration aims to create unified data ecosystems where teams can access insights as actionable, cross-functional knowledge, serving diverse industries across different departments and global regions.

Domo (NASDAQ: DOMO) has released its 12th annual 'Data Never Sleeps' report, highlighting digital activity trends across the internet's 5.52B users. The report reveals significant shifts in online behavior, with AI emerging as a major disruptor to traditional digital platforms. Google searches decreased by 6% to 5.9M per minute, while AI assistants like Siri handle over 1M queries per minute.

The report also shows evolving entertainment patterns, with Netflix streaming hours declining 19% since 2021, while platforms like TikTok and Snapchat experience substantial growth. In the digital workplace, collaboration tools remain crucial, with Microsoft Teams recording 229M meeting minutes per minute. E-commerce continues to thrive, with global shoppers spending $43.6M per minute during Cyber Week, while cybersecurity concerns persist with 4,080 records compromised every minute in data breaches.