Shares in Domo Inc. surged more than 30% in late trading today after the business intelligence and data visualization software company beat expectations for its fiscal 2026 fourth quarter.

For the quarter that ended on Jan. 31, Domo reported adjusted earnings per share of three cents, up from a loss of five cents per share in the same quarter of the previous fiscal year, on revenue of $79.6 million, up 1% year-over-year. Analysts had been expecting a loss of three cents per share and revenue of $78.65 million.

Domo’s numbers rose across the board, with subscription revenue coming in at $73.4 million, up 2% year-over-year. Billings rose 8%, to $111.2 million. Aas of the end of the quarter, subscription remaining performance obligations were up 8%, to $437.9 million. The company ended the quarter with $43 million in cash and cash equivalents on hand.

Chief Financial Officer Todd Crane said on the company’s earnings call that because Domo is evaluating “strategic alternatives,” the company will not provide specific guidance. That terminology often implies a potential sale of a company, though Domo was not specific. According to MarketBeat, Crane offered “high-level color,” stating expectations for relatively flat non-adjusted revenue, modest improvement in adjusted earnings per share, and positive adjusted free cash flow in the upcoming fiscal year.

Business highlights in the quarter included Domo expanding the availability of its platform into the Amazon Web Services Inc. Asia-Pacific region to strengthen its presence across the broader Asia-Pacific market. The expansion allows customers in markets such as India to run Domo workloads and store data closer to their operations and, in doing so, reduce latency and help organizations address regional data residency requirements.

The company also introduced App Catalyst, a capability that is designed to turn artificial intelligence ideas into production-ready business applications. The feature allows users to generate application frameworks using natural-language prompts that automatically connect to enterprise data sources while also applying governance, security and access controls within the Domo platform.

For its full fiscal year 2026, Domo reported an adjusted earnings per share loss of three cents, a vast improvement over a loss of 52 cents per share the fiscal year prior, on revenue of $318.9 million, up 1% year-over-year.

“We delivered our highest quarterly billings ever and our highest gross retention rate in over three years, reflecting strong demand from customers and the growing role Domo plays in their AI strategies,” Josh James, founder and chief executive officer of Domo, said in the company’s earnings release. “We are seeing strong momentum as organizations push to operationalize AI, moving from pilots to real production deployments that deliver measurable ROI.”

Photo: Domo