DOMO News and Press, Domo Inc. From 05/23/23

Domo (Nasdaq: DOMO) announced today that its Chief Marketing Officer (CMO) Wendy Steinle has been named to Utah Business Magazine’s 30 Women to Watch list . This award recognizes Utah’s noteworthy female professionals who are making a lasting impact in their organizations ...

Domo (Nasdaq: DOMO) today announced that results for its first quarter fiscal 2024 (ended April 30, 2023) will be released on Thursday, May 25, 2023, 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 t...

Today Domo (Nasdaq: DOMO) announced it was named the number one vendor in the Dresner Advisory Services’ 2023 Cloud Computing and BI Market Study for the seventh consecutive year. This year’s report found that 58 percent of surveyed organizations are currently using cloud BI...

2023-05-10 16:19:51 ET Summary Shares of data visualization software provider Domo, Inc. have plummeted 85% in the past 19 months as unprofitable single-digit forecasted sales growth remains unappealing. However, with the return of the founder as CEO and improving Adj. gross and o...

Today Domo (Nasdaq: DOMO) announced it has been named a leader in Nucleus Research’s 2023 Analytics Technology Value Matrix for the third consecutive year. The Nucleus Technology Value Matrix assesses the operational value a solution delivers, provides a relative positioning of the...

2023-05-01 12:40:00 ET Summary The month of April had a couple of very interesting insider purchases. In this article, we discuss some of the biggest insider purchases by value. In addition, we will take a look into 2 companies more in-depth, which we found particularly intere...

Domo (Nasdaq: DOMO) announced today it has been named on the Women Tech Council (WTC) 2023 Shatter List for its sixth consecutive year. The list showcases technology companies that are pushing towards breaking the glass ceiling for women in tech and is scored on factors critical to building inc...

Receives highest product score for the Data Scientist use case in the Critical Capabilities Report Today Domo (Nasdaq: DOMO) announced it has been named a Challenger in the 2023 Gartner Magic Quadrant for Analytics and BI Platforms. According to Gartner 1 , “Analytics and...

2023-04-25 09:15:12 ET Summary Shares of Domo have rebounded ~15% year to date, even in the face of sharpening macro headwinds. In its most recent quarter, Domo's billings continued to decelerate to a y/y decline. The company is forecasting only single-digit revenue growth in ...

2023-04-04 13:08:09 ET Summary The 4% - 7% revenue growth outlook in FY 2024 makes Domo a far cry from what it should be: a 20% - 30% growth stock. Enterprise sales productivity issue is a bump in the road. I adjusted the baseline scenario to project Domo to reclaim 20%+ growth in...