Domo reported Q4 2023 total revenue of $79.6 million, a 14% increase year-over-year, with subscription revenue of $70.3 million, representing an 18% increase. Billings decreased by 3% year-over-year to $104.5 million. The company's GAAP operating margin increased by 23 percentage points year over year, and non-GAAP operating margin increased by 18 percentage points year over year.
Total revenue increased by 14% year-over-year, reaching $79.6 million.
Subscription revenue grew by 18% year-over-year, totaling $70.3 million and representing 88% of total revenue.
Remaining Performance Obligations (RPO) increased by 12% year over year, reaching $378.2 million.
GAAP operating margin saw a 23 percentage point increase year-over-year.
Domo provided revenue and non-GAAP net loss per share guidance for Q1 Fiscal 2024 and full year Fiscal 2024.
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