other material
confidence high
sentiment neutral
materiality 0.75
Domo announces formal process to explore strategic alternatives; reaffirms FY2026 guidance
DOMO, INC.
- Board initiates formal process to explore strategic alternatives, including sale or business combination.
- Reaffirms FY2026 guidance: revenue $317.5M-$318.5M; non-GAAP net loss per share $0.07-$0.11.
- Engaged Jefferies LLC as financial advisor and Goodwin Procter LLP as legal advisor.
- No set timetable; no assurance that any transaction will occur or on favorable terms.