Domo Inc Class B Stock News

Progress Software is acquiring Domo's AI and data business for $400 million. Domo will keep its current leadership and operate as a separate entity after the deal.

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO--Domo, Inc. (NASDAQ: DOMO) (“Domo” or the “Company”) today announced that its Board of Directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) (“Progress”) will acquire substantially all of the assets and employees, excluding the Company's net operating loss (“NOL”) carryforwards, and assu...

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO #analytics--Domo (NASDAQ: DOMO), the AI and Data Products platform company, today announced it has been named to the 2026 Women Tech Council Shatter List in the Community Builders category. Presented annually by the Women Tech Council, the Shatter List recognizes companies shaping the future of Utah's innovation economy. The Community Builders cat...

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO #agenticAI--Domo (NASDAQ: DOMO) today announced that Ken Garff Automotive Group, a family-owned automotive retailer with more than 70 dealerships across nine states, is using Domo with Snowflake to modernize its data architecture and prepare to build AI apps on governed data. With Snowflake as its cloud data platform and Domo as its analytics and ...

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO #agenticAI--Domo (NASDAQ: DOMO) today announced that Snowflake, the AI Data Cloud company, has recognized it as an Analytics & Measurement “One to Watch” in The Modern Marketing Data Stack: Governing the Agentic Enterprise. Domo was identified in Snowflake's report as One to Watch in the Analytics & Measurement Category for its ability to operatio...

In 2022, the founder of software company Domo stepped down as CEO after he was accused of sexually assaulting an employee on a work trip, an allegation he denied. A year later, he came back to lead the company.

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO--Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal first quarter ended April 30, 2026 and provided an update regarding its ongoing strategic alternatives review process initiated by its Board of Directors earlier this year. In February 2026, Domo's Board of Directors initiated a formal process to explore strategic alternatives to ma...