Domo Launches Strategic Alternatives Review; Reaffirms Fiscal 2026 Outlook

MT Newswires Live
Feb 20

Domo (DOMO) said late Thursday its board of directors has initiated a review to seek strategic alternatives to maximize shareholder value.

The process includes exploring options such as a strategic investment, potential sale or a business combination. The company said there is no guarantee a decision will result from this review.

Additionally, Domo reiterated its fiscal 2026 outlook for an adjusted loss of between $0.07 and $0.11 per diluted share and revenue of $317.5 million to $318.5 million.

Analysts polled by FactSet currently estimate a non-GAAP loss of $0.09 a share and sales of $317.9 million.

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