Domo Investor Relations Overview of DomoAnalyst and Financial Performance

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Credit: pexels.com, Beautiful autumn scene with rolling hills and colorful trees in Dömös, Hungary.

DomoAnalyst is a business intelligence platform that provides real-time data and analytics to help businesses make informed decisions. It allows users to connect to multiple data sources, create custom dashboards, and generate reports.

DomoAnalyst's financial performance is a key aspect of its investor relations. According to the company's reports, DomoAnalyst has experienced steady growth in revenue over the past few years, with a significant increase in 2020.

The platform's ability to provide real-time data and analytics has been a major driver of its success. This is particularly evident in the finance industry, where timely and accurate data is crucial for making informed investment decisions.

Domo has continued to invest in research and development, expanding the capabilities of DomoAnalyst and enhancing its user experience.

DomoAnalyst

Cantor Fitzgerald gave DOMO an overweight rating with a price target of $11.00 on February 11, 2025.

Lake Street initially gave DOMO a buy rating on October 18, 2022, with a price target of $25.00, but later changed their rating to hold on May 24, 2024, with a price target of $8.00.

Credit: youtube.com, Replay - Investors Relations Event - Presentation of the 2024 half-year results

TD Cowen initially gave DOMO an outperform rating on August 25, 2023, with a price target of $20.00, but later changed their rating to market perform.

Morgan Stanley initially gave DOMO an overweight rating on January 20, 2023, with a price target of $24.00, but later changed their rating to equal-weight with a price target of $16.00.

Here are some key analyst ratings and price targets for DOMO:

Company Updates

Domo has been making some significant changes to its leadership team, which is always exciting for investors to stay on top of. Tracy has been appointed as Vice President of Partners, Strategic Development and Channel.

Josh James, Domo's founder, believes that Tracy is the right person for the job, having an extensive background in the tech industry and a proven track record of spearheading successful strategic partnerships.

Here are some key senior leadership changes and Board appointments that Domo has announced:

  • John Mellor has stepped down as Chief Executive Officer and a Director of the company after nearly four years with Domo.
  • Josh James has been named Chief Executive Officer and a Director of the company.
  • David Jolley has been named Chief Financial Officer.
  • Jeff Skousen has been named Chief Revenue Officer.
  • Dan Strong and Renée Soto have been appointed to the Board of Directors.

Financial Filings

Financial Filings are a crucial part of Domo Investor Relations, as they provide a clear picture of a company's financial performance.

Credit: youtube.com, Domo, Inc DOMO CEO Josh James on Q4 2019 Results

Domo's financial filings, such as the 10-K and 10-Q, are filed with the Securities and Exchange Commission (SEC) and are available to the public. These filings are typically released quarterly and annually, and contain detailed information about a company's financial health.

A company's financial filings can be a treasure trove of information for investors, revealing insights into revenue growth, expenses, and profitability. Domo's financial filings show a steady increase in revenue over the years.

Investors can access Domo's financial filings through the SEC's website, where they can find detailed financial statements, management's discussion and analysis, and other relevant information. This information is essential for making informed investment decisions.

By analyzing Domo's financial filings, investors can identify trends and patterns that may indicate future growth or potential risks. For example, Domo's financial filings show a significant increase in research and development expenses, which may indicate investment in new products or services.

Domo Announces Q4 and FY 2021 Results

Credit: youtube.com, Q4's Engagement Analytics in Investor Relations

Domo will release its fourth quarter and full-year fiscal 2021 results on Thursday, March 11, 2021, after the close of the market.

The company will host a conference call at 3:00 p.m. (MT) / 5:00 p.m. (ET) to discuss its financial results with the investment community.

A replay of the conference call will be available at (800) 585-8367 or (416) 621-4642 with conference ID # 7572047 following the completion of the conference call until 11:59p.m. (ET) March 25, 2021.

Domo encourages investors and others to monitor its social media channels, including its Facebook page, LinkedIn page, blog, Twitter account @Domotalk, and Twitter account @JoshJames, for information about the company and its services.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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