Domo Q2 2021 Earnings Report
Key Takeaways
Domo reported a total revenue of $51.1 million, representing a 23% year-over-year increase. Subscription revenue was $44.3 million, up 27% year-over-year, and represented 87% of total revenue. The company's GAAP net loss was $17.9 million, or $0.62 per share, while non-GAAP net loss was $10.7 million, or $0.37 per share.
Total revenue was $51.1 million, an increase of 23% year over year
Subscription revenue was $44.3 million, an increase of 27% year over year
GAAP operating margin improved by 38 percentage points year over year
Non-GAAP operating margin improved by 41 percentage points year over year
Domo
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Domo Revenue by Segment
Forward Guidance
Domo is providing the following guidance for Q3 and full year fiscal 2021: Q3 Fiscal 2021 •Revenue is expected to be in the range of $51.2 million to $52.2 million •Non-GAAP net loss per share is expected to be between $0.42 and $0.46 based on 29.6 million weighted-average shares outstanding Full Year Fiscal 2021 •Revenue is expected to be in the range of $202.5 million to $206.5 million •Non-GAAP net loss per share is expected to be between $1.83 and $1.91 based on 29.3 million weighted-average shares outstanding
Positive Outlook
- Revenue is expected to be in the range of $51.2 million to $52.2 million for Q3 Fiscal 2021
- Non-GAAP net loss per share is expected to be between $0.42 and $0.46 for Q3 Fiscal 2021
- Revenue is expected to be in the range of $202.5 million to $206.5 million for Full Year Fiscal 2021
- Non-GAAP net loss per share is expected to be between $1.83 and $1.91 for Full Year Fiscal 2021