DOMO - Domo Non-GAAP EPS of -$0.23 beats by $0.17 revenue of $74.46M beats by $0.36M
Domo press release (NASDAQ:DOMO): Q1 Non-GAAP EPS of -$0.23 beats by $0.17. Revenue of $74.46M (+24.0% Y/Y) beats by $0.36M. Subscription revenue was $64.6 million, an increase of 24% year over year. Subscription revenue represented 87% of total revenue Billings were $72.9 million or 25% year-over-year growth Remaining Performance Obligations was $351.5 million as of April 30, 2022, an increase of 24% year over year. RPO expected to be recognized as revenue in the next twelve months was $225.0 million as of April 30, 2022, an increase of 24% year over year. Non-GAAP subscription gross margin was 85%, an improvement of 1 percentage point from Q1 FY22. Non-GAAP operating margin increased by 4 percentage points year over year. Q2 2023 Outlook: Revenue is expected to be in the range of $76.0 million to $77.0 million. Non-GAAP net loss per share is expected to be between $0.31 and $0.35 based on 33.9
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Domo Non-GAAP EPS of -$0.23 beats by $0.17, revenue of $74.46M beats by $0.36M