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Jun 16, 2026 12:00 PM

Domo Analysts Cut Their Forecasts After Q1 Results

Domo Inc (NASDAQ:DOMO) on Monday reported mixed first-quarter financial results. The company announced it has not executed a definitive agreement related to a potential transaction.

Domo reported quarterly losses of 2 cents per share which beat the analyst consensus estimate of losses of 7 cents per share. The company reported quarterly sales of $79.403 million which missed the analyst consensus estimate of $79.747 million.

“One thing that has become clear is that we are still in the early innings of a major shift from AI experimentation to AI embedded in everyday work,” said Josh James, founder and CEO of Domo. “I believe Domo’s combination of data, applications, and AI agents positions us to play an important role ...