NASDAQ$DOMO

Domo Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Domo's Q2 2022 financial results were announced, showing revenue growth and continued demand for modern BI.

Domo reported a 23% year-over-year increase in total revenue, reaching $62.8 million for the second quarter of fiscal year 2022. Subscription revenue also grew by 23% year-over-year, representing 87% of total revenue. The company's billings increased by 26% year-over-year, and remaining performance obligations (RPO) grew by 24%.

  • Total revenue increased by 23% year-over-year to $62.8 million.
  • Subscription revenue increased by 23% year-over-year, accounting for 87% of total revenue.
  • Billings grew by 26% year-over-year.
  • Remaining performance obligations (RPO) increased by 24% year-over-year, reaching $286.8 million.

Headline financials

Total Revenue

$62.8M

Previous: $51.1M+22.9%
EPS (adj)

-$0.30

Previous: -$0.37+18.9%
Billings

$60M

Previous: $47.6M+26.0%
GAAP Operating Margin

-30.0%

Previous: -30.0%+0.0%
Non-GAAP Operating Margin

-10.0%

Previous: -16.0%+37.5%
Subscription RPO

$287M

No prior period
Capital Expenditures

-$3.42M

Previous: -$3.15M-8.4%
Free Cash Flow

-$25.7M

Previous: -$21.1M-21.9%
Net Income

-$22.2M

Previous: -$17.9M-24.2%
Operating Income

-$18.6M

Previous: -$15.4M-20.9%
Gross Profit

$46.5M

Previous: $37.5M+24.1%
Cash & Equivalents

$86.4M

Previous: $78.5M+10.1%
Total Assets

$207M

Previous: $195M+6.0%
Stock-Based Comp

$12.6M

No prior period

Revenue & EPS history

Domo · Revenue · Quarterly

$62.8M

Q2 2022+22.9%vs Q2 2021
Beat estimate in 2 of 16 quarters(13%)
ActualEstimate

Revenue by segment

Domo · $62.8M total across 2 segments · Q2 2022

  • Subscription
    $54.7M+23.3%
  • Professional Services & Other
    $8.16M+20.3%

Forward guidance

Domo is providing the following guidance for its third fiscal quarter and full year fiscal 2022 based on information available as of August 26, 2021.

Tailwinds

  • Revenue is expected to be in the range of $63.5 million to $64.5 million for Q3 2022.
  • Revenue is expected to be in the range of $252.0 million to $256.0 million for full year 2022.

Headwinds

  • Non-GAAP net loss per share is expected to be between $0.33 and $0.37 for Q3 2022.
  • Non-GAAP net loss per share is expected to be between $1.31 and $1.39 for full year 2022.

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 Q2 2022

Historical avgQ2 2022

-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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro