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Why Domo Stock Skyrocketed Today
DOMODomo(DOMO) The Motley Fool·2025-05-23 02:37

Shares of Domo (DOMO 28.66%) absolutely soared on Thursday. The stock had gained 30.5% at 1:30 p.m. ET, driven by a robust earnings report. Domo's Q1 2026 report by the numbersThe cloud-based software specialist reported 80.1millionoftoplinerevenueinthefirstquarteroffiscalyear2026,unchangedfromtheyearagoperiod.Furtherdowntheincomestatement,Domosawanadjustednetlossof80.1 million of top-line revenue in the first quarter of fiscal year 2026, unchanged from the year-ago period. Further down the income statement, Domo saw an adjusted net loss of 0.09 per share. That's a strong improvement from a net loss of $0.33 per share. The average Wall Street analys ...