Domo, Inc. Class B Common Stock (DOMO)
Domo, Inc. Class B (DOMO) is a cloud-based platform that provides business intelligence and data visualization solutions. It enables organizations to connect, analyze, and visualize data from various sources in real time, helping businesses make data-driven decisions. Founded in 2010 and headquartered in Utah, Domo offers a suite of integrated tools for data integration, collaboration, and analytics tailored to enterprise needs.
Company News
Domo reported Q2 earnings beating analyst expectations with $0.02 adjusted EPS and $79.7 million in sales, but provided conservative guidance that disappointed investors, leading to a significant stock price decline.
Domo, an AI and Data Products platform, announced that it will present at the D.A. Davidson Technology Summit on June 11, 2025. The company's presentation will be available via a live webcast on its Investor Relations website.
The Business Intelligence market is projected to grow at a CAGR of 10.09% from 2024 to 2032, driven by the adoption of AI, analytics, and cloud solutions, as well as rising demand for security, real-time insights, and automation.
Domo (DOMO) delivered earnings and revenue surprises of -43.48% and 0.67%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Shares of Hawaiian Electric, Marvell, Domo and Affirm Holdings were among the biggest-moving names in regular trading on Friday.