Domo reports Q3 EPS (8c), consensus (15c)

Reports Q3 revenue $79.8M, consensus $77.6M. Reports Q3: Billings were $73.4M. Subscription Remaining Performance Obligations was $354.1M as of October 31, 2024, an increase of 3% year over year. “Our focus on ecosystem-led growth, consumption-based contracts and AI innovation is paying off with promising momentum, as we see more demand for Domo (DOMO) as an anchor technology in customers’ data stacks,” said Josh James, founder and CEO, Domo. “The data and AI landscape is evolving to create new market opportunities for Domo, and we feel confident we’re in the right position to capitalize on this moment.”