Domo Q4 2022 Earnings Report
Key Takeaways
Domo's Q4 2022 total revenue reached $70.0 million, a 23% increase year-over-year, with subscription revenue growing by 19% to $59.6 million. Billings increased by 30% year-over-year, and the company's RPO reached $339.0 million. The company's CEO and CFO expressed confidence in the company's ability to meet its growth objectives.
Total revenue was $70.0 million, an increase of 23% year over year
Subscription revenue was $59.6 million, an increase of 19% year over year
Billings were $108.0 million or 30% year-over-year growth
Remaining Performance Obligations (RPO) was $339.0 million as of January 31, 2022, an increase of 20% year over year
Domo
Domo
Domo Revenue by Segment
Forward Guidance
Domo is providing the following guidance for its first fiscal quarter and full year fiscal 2023: Q1 Fiscal 2023 Revenue is expected to be in the range of $73.5 million to $74.5 million Non-GAAP net loss per share is expected to be between $0.38 and $0.42 based on 33.3 million weighted-average shares outstanding Full Year Fiscal 2023 Revenue is expected to be in the range of $314.0 million to $319.0 million Non-GAAP net loss per share is expected to be between $1.43 and $1.53 based on 34.2 million weighted-average shares outstanding
Revenue & Expenses
Visualization of income flow from segment revenue to net income