Potential AcquisitionCEO and controlling shareholder Josh James indicated a willingness to sell, with multiple potential buyers offering multiples of the current stock price.
Shift In Business ModelThe company is shifting to a consumption model, now representing more than 30% of ARR, with early renewals showing a gross retention rate of 96% and net retention rate of over 115%.
Strategic PartnershipsDomo has made engineering changes that allow it to partner much more effectively with cloud platforms and data clouds, such as Snowflake and Databricks.