News

View recent news announcements from Domo and media coverage from around the web.

Thursday, December 12, 2024

Domo Wins KMWorld 2024 Readers' Choice Award for Best AI

SILICON SLOPES, Utah — Today Domo (Nasdaq: DOMO) announced that Domo.AI, its suite of industry-leading AI solutions, was named the winner of the 2024 KMWorld Readers' Choice Award for Best AI. Award winners were voted on by KMWorld’s audience of enterprise leaders and decision makers. Domo.AI was selected for its robust and flexible suite of AI products, which enable users to streamline end-to-end AI model management process, and offer guidance through data analysis with natural-language conversation, contextualized insights and meaningful visualizations, with robust security and governance to control risk. “This recognition from KMWorld represents the value that our...

Tuesday, December 10, 2024

Domo Partners with Richey May to Provide Powerful Data, Analytics and Actionable Insights to Mortgage Brokers

SILICON SLOPES, Utah — Today Domo (Nasdaq: DOMO) announced its partnership with advisory and accounting firm Richey May, providing customized data-driven insights for its mortgage banking consulting practice. To date, more than 80 mortgage bankers in Richey May’s client base have tapped Domo’s data and AI platform to gain actionable insights about their business. With more than 40 years of expertise in the mortgage industry, Richey May provides full-service advisory and technology consulting to clients across the mortgage and financial services sectors. Thanks to Domo’s wide range of integrations, low and no-code offerings and secure AI models, Richey...

Thursday, December 5, 2024

Domo Announces Third Quarter Fiscal 2025 Financial Results

Silicon Slopes, Utah - Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal third quarter ended October 31, 2024. Fiscal Third Quarter Results Total revenue was $79.8 million Subscription revenue was $71.1 million Billings were $73.4 million Subscription Remaining Performance Obligations (RPO) was $354.1 million as of October 31, 2024, an increase of 3% year over year Subscription RPO expected to be recognized beyond twelve months was $145.9 million as of October 31, 2024, an increase of 14% year over year Net cash used in operating activities was $13.7 million Adjusted free cash flow was negative $13.8...

Tuesday, December 3, 2024

Domo Ranked #1 Vendor in Dresner Advisory Services’ 2024 Analytical Platforms Report

SILICON SLOPES, Utah — Today Domo (Nasdaq: DOMO) announced its top ranking in the 2024 Dresner Advisory Wisdom of Crowds® Analytical Platforms Report. Dresner defines analytical platforms as integrated technology environments that include all needed functionality to support multiple analytical or business intelligence (BI) use cases. This is the fourth consecutive year Domo has been recognized as a top-rated vendor in this report. Domo’s first place ranking in the 2024 Analytical Platforms Report was based on confirmed functionality and weighted by collective end-user feedback as well as the analyst’s observations. Included in the assessment are scores for data engineering,...

Monday, December 2, 2024

Domo Named a Leader in the Nucleus Research 2024 Embedded Analytics Technology Value Matrix

SILICON SLOPES, Utah – Today Domo (Nasdaq: DOMO) announced it has been named a leader in Nucleus Research’s 2024 Embedded Analytics Technology Value Matrix for the fourth consecutive year. The Embedded Analytics Technology Value Matrix assesses vendors according to the usability and functionality of their respective solutions, as well as the value that customers realized from each product’s capabilities. For this Value Matrix, Nucleus Research evaluated Domo Everywhere, which enables businesses to embed Domo's analytics capabilities into their own applications, websites and products. The firm highlighted benefits for organizations leveraging Domo and Domo Everywhere, including: Increasing analytics...

Monday, December 2, 2024

Domo to Host Virtual Event on the Power of AI Agents with Domo

SILICON SLOPES, Utah – Today Domo (Nasdaq: DOMO) announced it will host a virtual event to showcase how organizations are leveraging the transformative power of AI agents, driven by its award-winning Domo.AI solution, for operational excellence, customer engagement and innovation. To register for the event, visit here. In this 60-minute session, attendees will explore how AI agents—smart applications that automate tasks and enhance decision-making—bring unparalleled efficiency and insight across industries, and why Domo is the premier platform for developing and managing these intelligent tools. Attendees will hear several practical applications of how AI agents can be leveraged...

Thursday, November 21, 2024

Domo Announces Timing of its Third Quarter Fiscal 2025 Earnings Conference Call

SILICON SLOPES, Utah – Domo (Nasdaq: DOMO) today announced that results for its third quarter fiscal 2025 (ended October 31, 2024) will be released on Thursday, December 5, 2024, after the close of the market. The company will host a conference call at 3:00 p.m. (MT) / 5:00 p.m. (ET) to discuss its financial results with the investment community. A live dial-in is available at (877) 484-6065 or (201) 689-8846. A live webcast of the event will also be available on the Domo Investor Relations website at www.domo.com/IR. A replay will be available at (877) 660-6853 or (201)...

Thursday, November 14, 2024

VisionWrights Teams Up with Domo to Boost Customer Success Through Data-Driven Strategies

SILICON SLOPES, Utah — Today Domo (Nasdaq: DOMO) announced it has expanded its partnership with VisionWrights, a leading provider of data-driven consulting and implementation services. VisionWrights helps a wide range of customers execute time and money-saving strategies and drive ROI from investments in data management technologies, including AI. VisionWrights partners closely with smart, forward-looking companies that are eager to unlock the full value of their data, but don’t have the internal capacity to develop and implement effective strategies. The company helps these organizations leverage the power of Domo's data and AI platform, offering everything from technical assistance with...

Monday, November 11, 2024

Bond Vet Unleashes AI-Driven Data Technology with Domo to Stay Ahead of the Pack

SILICON SLOPES, Utah — Today Domo (Nasdaq: DOMO) announced that Bond Vet, a full-service veterinary clinic offering primary care, wellness services, surgical procedures and urgent care for pets, has selected Domo as its global data technology platform. This collaboration underscores Bond Vet’s strategy of combining compassionate, high-quality veterinary care with the latest advancements in technology and operational efficiency. By integrating innovative and automated solutions, the practice can dedicate more time to caring for pets and pet parents, improving patient outcomes and client experiences. Bond Vet, founded in Brooklyn, New York, in 2019, began with a mission to strengthen...

Thursday, October 24, 2024

Domo Ranked An Overall Experience Leader in Dresner Advisory Services' 2024 Small and Midsize Enterprise Business Intelligence Market Study

SILICON SLOPES, Utah — Today Domo (Nasdaq: DOMO) announced it has been ranked an “Overall Leader” in Dresner Advisory Services’ 2024 Wisdom of Crowds® Small and Midsize Enterprise (SME) Business Intelligence (BI) Market Study. This marks the eighth consecutive year Domo has been ranked a “Leader” in this report. The Dresner SME BI Market Study examines and scrutinizes BI trends and usage among SMEs. The analyst firm cites that organizations of all sizes pay the most attention to BI priorities associated with data security, data quality, reporting, dashboards and data visualization, and indicates that small organizations are relatively more...