secwatch.observer — SEC 8-K summary
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Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2026-06-15T20:12:16+00:00
Accession:  0001628280-26-043184
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Domo Q1 revenue $79.4M, GAAP loss $14.2M; Board pursues strategic transaction, advanced negotiations
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- Total revenue $79.4M, subscription revenue $69.8M; GAAP net loss $14.2M ($0.33/share), non-GAAP net loss $0.9M ($0.02/share).
- GAAP operating margin -14%, non-GAAP operating margin 6%; cash and equivalents $39.1M as of April 30, 2026.
- Board determined strategic transaction is best path; advanced negotiations underway but no definitive agreement.
- Company entered forbearance agreement with lender due to noncompliance with minimum annualized recurring revenue covenant; going concern disclosure in 10-Q.
- Fiscal Q1 billings $60.4M; subscription RPO $412.9M (+1% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000162828026043184/0001628280-26-043184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000162828026043184/domo8k-20260615.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-043184

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer