Domo Q2 revenue $79.7M (+5% YoY); GAAP net loss $16.1M; guides FY24 rev $316-320M

DOMO, INC.

2024-Q2 EPS reported -$1.14 revenue$159,130,000

Revenue $79.7M (+5% YoY), subscription revenue $71.2M (+6% YoY, 89% of total).
GAAP net loss $16.1M ($0.45 loss per share); non-GAAP net loss $0.8M ($0.02 loss per share).
Billings $70.6M (-2% YoY); RPO $357.6M (+2% YoY); cash $63.9M.
Q3 FY24 revenue guidance $78.5-79.5M; full year $316-320M (2-4% growth).
GAAP operating margin improved 21pp YoY; non-GAAP operating margin improved 12pp YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DOMO, INC. reported fiscal second quarter ended July 31, 2023 results: revenue $79.7 million, net income GAAP net loss was $16.1 million, and GAAP net loss per share was $0.45, EPS $0.45.

Period: fiscal second quarter ended July 31, 2023
Revenue: $79.7 million
Net income: GAAP net loss was $16.1 million, and GAAP net loss per share was $0.45
EPS: $0.45
Result: reported results

Exact text from the filing

Utah - August 24, 2023 - Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal second quarter ended July 31, 2023. Fiscal Second Quarter Results • Total revenue was $79.7 million, an increase of 5% year over year • Subscription revenue was $71.2 million, an increase of 6% year over year • Subscription revenue represented 89% of total revenue • Billings

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Source: SEC EDGAR

accession 0001505952-23-000084

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