Domo CEO Josh James. Photo credit: Stuart Isett/Fortune Brainstorm Tech, under Creative Commons license

 Business intelligence software company Domo has announced its financial results for the second quarter of this year, reporting revenues of $51.1 million, up 23% year-over-year, and a net loss of $18 million, compared to $31.2 million in the same quarter last year. Domo ended the quarter with $83.4 million in cash on its balance sheet.

Forecast

For the third quarter of this year, Domo is forecasting revenues of between $51.2 million to $52.2 million. For the full year, the Utah-based company is forecasting revenues of between $202.5 million to $206.5 million. 

Share this...

Facebook

Pinterest

Twitter

Linkedin

Whatsapp

Email

Print