earnings
confidence high
sentiment neutral
materiality 0.65
Domo reports Q3 FY2024 revenue $79.7M (+1% YoY); non-GAAP net loss nearly zero
DOMO, INC.
2024-Q3 EPS reported
-$1.59
revenue$238,805,000
- Total revenue $79.7M (+1% YoY); subscription revenue $71.3M (+3% YoY) representing 89% of total revenue.
- GAAP net loss $16.4M ($0.45/sh); non-GAAP net loss $24K ($0.00/sh) — near breakeven.
- Billings $74.8M (+1% YoY); remaining performance obligations $367.2M (+4% YoY).
- Q4 FY2024 guidance: revenue $79-80M; full-year FY2024 revenue $317.8-318.8M (2-4% growth).
- Record GAAP and non-GAAP operating margins; subscription gross margin stable at 84% (GAAP) and 85% (non-GAAP).