Domo reported a 20% year-over-year increase in total revenue, reaching $75.5 million, with subscription revenue growing by 23% to $67.4 million. The company's billings increased by 21% year-over-year, and Remaining Performance Obligations (RPO) rose by 22%. Domo is focused on optimizing for long-term, sustainable growth and delivering speed-to-value to customers.
Total revenue increased by 20% year-over-year, reaching $75.5 million.
Subscription revenue grew by 23% year-over-year, totaling $67.4 million and representing 89% of total revenue.
Billings increased by 21% year-over-year.
Remaining Performance Obligations (RPO) increased by 22% year-over-year.
Domo is providing revenue and non-GAAP net loss per share guidance for Q3 Fiscal 2023 and full year Fiscal 2023.
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