News

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

Tuesday, August 4, 2020

Domo Enhances its COVID-19 Global Tracker with Google and Apple Mobility Trends

Free Interactive Tracker Helps Anyone Understand the Impacts of COVID-19 

SILICON SLOPES, Utah -- August 4, 2020 -- Domo (Nasdaq: DOMO) today announced it has updated its free, interactive Coronavirus (COVID-19) Global Tracker with community mobility data provided by Google and Apple. As contact tracing becomes more important in the global attempt to stop the spread of COVID-19, this latest update arms decision makers with anonymized data that can help them understand the movement of people in specific communities across categories that range from grocery and pharmacy to retail and...

Monday, July 27, 2020

Domo Becomes Founding Member of New ParityPledge to Increase Ethnic Diversity

Company Also Extends Its Pledge Beyond Leadership Positions to Include All Open Roles Across Its Organization

SILICON SLOPES, Utah – July 27, 2020 – Domo (Nasdaq: Domo) announced today that it is a founding member of the ParityPledge in Support of People of Color, a new pledge that companies can make through Parity.org to accelerate their goals of increasing diversity to strengthen their organizations. Domo also announced it has extended its commitment to the ParityPledge by applying the pledge’s recruiting principles, designed for leadership roles, to all open positions throughout its organization. Both moves are designed to help Domo accelerate its goal of becoming a stronger and more diverse organization. In calling...

Thursday, July 16, 2020

Domo Named to Parity.org Best Companies for Women to Advance List

SILICON SLOPES, Utah – July 14, 2020 – Domo (Nasdaq: DOMO) has been named to the Parity.org Best Companies for Women to Advance List 2020. This list recognizes organizations that have implemented a mix of exemplary benefits, policies, and programs that ensure women have significant opportunities to advance their careers. Companies on the list were rated in areas of recruitment, benefits, executive preparation, measurement, and representation. These companies have made a significant commitment to the advancement of women. “I’m proud that Domo was one of the first companies to sign the...

Thursday, July 9, 2020

Domo Updates its COVID-19 Global Tracker with National Paycheck Protection Program (PPP) Data from the SBA

Robust, Interactive Tracker Available for Anyone to Use and Embed for Free

SILICON SLOPES, Utah -- July 9, 2020 -- Domo (Nasdaq: DOMO) today announced it has updated its free, interactive Coronavirus (COVID-19) Global Tracker with National Paycheck Protection Program (PPP) data from the Small Business Association (SBA).  Within 48 hours of the PPP data being released by the SBA, the tracker was live with this information, providing details on the $500 billion loan program by industry, business-type, gender, geographic and ethnicity. This free resource uses the Domo platform to help anyone see and understand COVID-19 related data, and embed any of the visualizations in their own websites or...

Tuesday, June 16, 2020

Domo Expands Snowflake Partnership to Help Customers Build Their Business in the Cloud

Introduces New Federated Query Capabilities Exclusively for Snowflake Joins Snowflake’s Partner Connect Program and Offers Free Trial to Demonstrate the Future of Data through Mobile-First Capabilities and Intelligent Apps SILICON SLOPES, Utah  June 16, 2020 -- Domo (Nasdaq: DOMO) today announced an expanded partnership with Snowflake, the cloud data platform, to help customers build their business in the cloud. As part of today’s news, Domo has joined the Snowflake Partner Connect Program and released new federated query capabilities, including a native setup experience, exclusively for Snowflake.  Joint customers can now more easily experience the future of data across...

Tuesday, June 9, 2020

Domo Named an Overall Leader in the 2020 Dresner Wisdom of Crowds® BI Market Study

SILICON SLOPES, Utah—June 9, 2020 –  Domo (Nasdaq: DOMO), provider of the Business Cloud, today announced it has received its fourth consecutive perfect recommendation score and has been named an overall leader in both Customer Experience and Vendor Credibility in the 2020 Dresner Wisdom of Crowds® BI Market Study. In its 11th edition, Dresner’s flagship report provides a comprehensive analysis of BI end user trends, attitudes and intentions. The report also covers adoption and deployment, staffing, budgets, technology, state of data, action on insights, success, plus vendor ratings. “In the eleventh year of our Wisdom of Crowds BI Market...

Monday, June 8, 2020

Domo to Present at the 40th Annual William Blair Growth Stock Conference

SILICON SLOPES, Utah, June 8, 2020 - Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, today announced management will present at the 40th Annual William Blair Growth Stock Conference.  The presentation is scheduled for Wednesday, June 10 at 12:00 pm CT. A live webcast of the conference presentation will be available on the Domo Investor Relations website at http://www.domo.com/IR. About Domo Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in...

Thursday, June 4, 2020

Domo Announces First Quarter Fiscal 2021 Financial Results

SILICON SLOPES, Utah - June 4, 2020 - Domo, Inc. (Nasdaq: DOMO) today 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%...

Monday, June 1, 2020

Domo Launches Free Zoom Productivity Tracker App to Help IT Teams Support Remote Workforce

SILICON SLOPES, Utah -- June 1, 2020 -- Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, today announced it has launched a free Domo Zoom Productivity Tracker App to help IT teams support their remote workforce. “With such a rapid and massive transition to work from anywhere, IT teams have been moving at incredible speed to ensure that their people have the tools and technology to be productive,” said Jay Heglar, chief business officer, Domo. “As companies invest to support this anywhere work experience, Domo rapidly delivers the data they need to understand how those investments are serving...

Thursday, May 28, 2020

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

New Data Explorer feature delivers a user-friendly experience for citizens seeking industry specific data insights

SILICON SLOPES, Utah – May 28, 2020 – Domo (Nasdaq: Domo) announced enhancements and data insights from its Covid-19 Tracker. The Data Explorer feature, which compiles key metrics from AWS Data Exchange, FRED, TSA 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.  Since its update, users can drill down into specific industry data to better understand how the crisis is affecting their business and families in real time. With data amassed from FRED, users can...