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Oct 31, 2023
Domo Q3 2024 Earnings Report
Announced third quarter fiscal 2024 financial results, exceeding guidance for key top-line metrics and delivering record operating margin.
Key Takeaways
Domo's total revenue was $79.7 million, an increase of 1% year over year. Subscription revenue was $71.3 million, an increase of 3% year over year. The GAAP net loss was $16.4 million, and non-GAAP net loss was $24.0 thousand.
Total revenue increased by 1% year over year to $79.7 million.
Subscription revenue increased by 3% year over year to $71.3 million, representing 89% of total revenue.
Billings increased by 1% year-over-year to $74.8 million.
Remaining Performance Obligations (RPO) increased by 4% year over year to $367.2 million.
Domo
Domo
Domo Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comProfessional Services & Other Revenue
CapyFin.com Forward Guidance
Domo is providing the following guidance for its fourth fiscal quarter and full year fiscal 2024. Q4 Fiscal 2024 Revenue is expected to be in the range of $79.0 million to $80.0 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income