Follow Datanami:

Vendors » Domo

Features

News In Brief

This Just In

Domo Announces First Quarter Fiscal 2021 Financial Results

Jun 8, 2020 |

SILICON SLOPES, Utah, June 8, 2020 – Domo, Inc. announced results for the fiscal 2021 first quarter ended April 30, 2020.

Fiscal First Quarter Results

  • Total revenue was $48.6 million, an increase of 19% year over year
  • Subscription revenue was $42.4 million, an increase of 23% year over year
  • Subscription revenue represented 87% of total revenue
  • Billings were $46.5 million or 13% year-over-year growth
  • Net cash used in operating activities was $12.9 million, an improvement of 52% year over year
  • Adjusted net cash used in operating activities was $9.3 million, an improvement of 58% year over year
  • Subscription gross margin was 79%, an improvement of 2 percentage points from Q1 FY20
  • GAAP operating margin improved by 36 percentage points year over year
  • Non-GAAP operating margin improved by 34 percentage points year over year
  • GAAP net loss was $24.9 million, and GAAP net loss per share was $0.88, based on 28.5 million weighted-average shares outstanding
  • Non-GAAP net loss was $18.4 million, and non-GAAP net loss per share was $0.65, based on 28.5 million weighted-average shares outstanding
  • Cash, cash equivalents and short-term investments were $88.1 million as of April 30, 2020

“Our company was built to deliver exactly what is needed today — real-time information packaged for easy consumption, for widespread distribution on any device, at massive scale, and available in record time,” said Josh James, founder and CEO, Domo. Read more…

Domo Releases Data Explorer Feature on its Interactive COVID-19 Global Tracker

May 29, 2020 |

SILICON SLOPES, Utah, May 29, 2020 – Domo announced enhancements and data insights from its Covid-19 Tracker. The Data Explorer feature, which compiles key metrics from AWS Data ExchangeFREDTSA and other sources, allows users to quickly filter to a specific country or state or day, sort the data and export the metrics behind the interactive visualizations.  Read more…

Domo Partners with Unilever’s ‘United for America’ Initiative

May 14, 2020 |

SILICON SLOPES, Utah. May 14, 2020 – Domo announced its participation in the Unilever “United for America” project as a technology partner. The initiative, which launched in March and includes a  “National Day of Service” on May 21, will contribute more than $20 million worth of products, services and financial support for Americans in need. Read more…

Domo Updates Its COVID-19 Global Tracker With Economic Insights

May 12, 2020 |

SILICON SLOPES, Utah, May 12, 2020 – Domo announced it has updated its free, interactive Coronavirus (COVID-19) Global Tracker with data from AWS Data ExchangeFRED and Thumbtack to deliver new insights into how different parts of the economy are responding during the current status of the pandemic. Read more…

RXA Acquires Utah-Based Business Intelligence Services Firm, Yapa Group

Apr 24, 2020 |

ANN ARBOR, Mich., April 24, 2020 — RXA announced it has completed its purchase of Yapa Group. As a big data and analytics consulting firm, Yapa Group brings experienced team members and new clients to RXA. Read more…

Do NOT follow this link or you will be banned from the site!