Domo, Inc. Class B Common Stock
DOMODomo, 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
Major M&A activity includes Fox Corp acquiring Roku for $22 billion, Salesforce buying Fin for $3.6 billion, Yum! Brands selling Pizza Hut to LongRange Capital for $1.5 billion, and Nuvei acquiring Payoneer for $2.75 billion. Additionally, Domo is pursuing a strategic transaction, and two companies filed for Chapter 11 bankruptcy.
Domo Inc. reported strong fourth-quarter fiscal 2026 results with a 30% after-hours stock surge, beating analyst expectations on earnings and revenue. The company demonstrated accelerating demand through record billings of $111.2 million (8% YoY growth), growing RPO of $437.9 million, and a 88% gross retention rate. CEO Josh James attributed succ...
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 announced a strategic collaboration with Amazon Web Services to provide AI-powered business solutions, leveraging generative AI technology to help customers improve business outcomes.
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.
