NASDAQ$DOMO
Domo Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Domo's Q1 2024 financial results were announced, showing revenue growth and improved margins.
Domo reported a 7% year-over-year increase in total revenue, reaching $79.5 million. Subscription revenue grew by 10% to $71.1 million. The company's GAAP operating margin increased by 14 percentage points, and non-GAAP operating margin increased by 3 percentage points year over year.
- Total revenue increased by 7% year-over-year to $79.5 million.
- Subscription revenue increased by 10% year-over-year to $71.1 million, representing 89% of total revenue.
- Billings decreased by 4% year-over-year to $70.3 million.
- GAAP operating margin increased by 14 percentage points year over year.
Headline financials
Revenue & EPS history
Domo · Revenue · Quarterly
$79.5M
Revenue by segment
Domo · $79.5M total across 2 segments · Q1 2024
- Subscription$71.1M+10.1%89.5%
- Professional Services & Other$8.37M-15.4%10.5%
Forward guidance
Domo is providing the following guidance for its second fiscal quarter and full year fiscal 2024: Q2 Fiscal 2024 •Revenue is expected to be in the range of $78.5 million to $79.5 million •Non-GAAP net loss per share is expected to be between $0.07 and $0.11 based on 35.9 million weighted-average shares outstanding Full Year Fiscal 2024 •Revenue is expected to be in the range of $323.0 million to $330.0 million •Non-GAAP net loss per share is expected to be between $0.27 and $0.39 based on 36.1 million weighted-average shares outstanding
Tailwinds
- Revenue is expected to be in the range of $78.5 million to $79.5 million for Q2 2024.
- Revenue is expected to be in the range of $323.0 million to $330.0 million for full year 2024.
Headwinds
- Non-GAAP net loss per share is expected to be between $0.07 and $0.11 for Q2 2024.
- Non-GAAP net loss per share is expected to be between $0.27 and $0.39 for full year 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-3.5%
Avg return
Earnings day
-4.1%
Avg return
5 days after
-6.2%
Avg return
30 days after
41%
13 / 32 earnings
Positive
+29.0%
Q3 2019
Best reaction
-35.8%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -8.2% | -0.6% | — | |
| Q4 2026 | +13.0% | -0.9% | -44.7% | |
| Q3 2026 | -23.7% | -25.6% | -28.3% | |
| Q2 2026 | -12.8% | -19.1% | -10.2% | |
| Q1 2026 | +0.0% | -2.6% | +6.2% | |
| Q4 2025 | +16.0% | +21.6% | -5.8% | |
| Q3 2025 | -20.0% | -23.1% | -28.8% | |
| Q2 2025 | -3.1% | -2.2% | -5.7% | |
| Q1 2025 | -4.8% | -2.0% | -7.5% | |
| Q4 2024 | -15.8% | -17.2% | -24.2% | |
| Q3 2024 | +6.0% | -2.2% | +7.2% | |
| Q2 2024 | -35.8% | -36.3% | -43.8% | |
| Q1 2024 | -14.0% | -11.1% | -2.1% | |
| Q4 2023 | -16.3% | -22.0% | -9.9% | |
| Q3 2023 | +20.9% | +9.7% | -14.2% | |
| Q2 2023 | -26.2% | -27.6% | -40.0% | |
| Q1 2023 | +15.4% | +7.3% | +11.8% | |
| Q4 2022 | +7.6% | -3.5% | +13.6% | |
| Q3 2022 | -24.9% | -19.4% | -22.8% | |
| Q2 2022 | -7.5% | -7.6% | -12.7% | |
| Q1 2022 | +2.1% | +0.6% | +26.7% | |
| Q4 2021 | +0.3% | +0.4% | -7.5% | |
| Q3 2021 | +21.6% | +20.8% | +72.8% | |
| Q2 2021 | -9.5% | -14.0% | -14.6% | |
| Q1 2021 | +3.4% | -3.8% | +14.4% | |
| Q4 2020 | -17.9% | -15.1% | -21.7% | |
| Q3 2020 | +19.3% | +25.3% | +9.6% | |
| Q2 2020 | -34.6% | -29.1% | -31.9% | |
| Q1 2020 | -6.5% | -8.1% | -11.0% | |
| Q4 2019 | +24.0% | +41.7% | +25.7% | |
| Q3 2019 | +29.0% | +33.9% | +16.8% | |
| Q2 2019 | -7.9% | +1.5% | -8.8% | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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