Press release
Investigation announced for Investors who lost money with shares of Domo, Inc. (NASDAQ: DOMO)

An investigation for investors in Domo, Inc. (NASDAQ: DOMO) shares over potential securities laws violations by Domo, Inc.
Investors who purchased shares of Domo, Inc. (NASDAQ: DOMO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Domo, Inc. (NASDAQ: DOMO) concerning whether a series of statements by Domo, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
American Fork, UT based Domo, Inc., together with its subsidiaries, operates a cloud-based business intelligence platform in North America, Western Europe, Canada, Australia, and Japan. Domo, Inc. reported that its Total Revenue increased from $308.64 million for the 12 months period that ended on January 31, 2023, to $318.98 million for the 12 months period that ended on January 31, 2024, and that its Net Loss over those respective time periods declined from $105.55 million to $75.56 million.
On August 24, 2023, Domo, Inc. announced it was lowering its full year 2024 guidance and expected losses per share to range from 39 cents to 47 cents. The Company blamed it on heightened risk of non-renewals specifically as to its larger accounts. On an earnings call in May 2023, CFO David Jolley stated "we continue to believe we're in a good position to accelerate our billings over the first half outlook as we expect growth in our ramped sales capacity to accelerate." Analysts commenting on the missed guidance mention Domo's admitted mismanagement of its FY23 "ramped sales capacity."
Shares of Domo, Inc. (NASDAQ: DOMO) declined from $18.19 per share on July 31, 2023, to as low as $7.78 per share on November 01, 2023.
Those who purchased shares of Domo, Inc. (NASDAQ: DOMO) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors who lost money with shares of Domo, Inc. (NASDAQ: DOMO) here
News-ID: 3543762 • Views: …
More Releases from Shareholders Foundation, Inc.

Novo Nordisk A/S (NYSE: NVO) Long Term Investor Alert: Investigation of potentia …
An investigation on behalf of current long-term investors in shares of Novo Nordisk A/S (NYSE: NVO) concerning potential breaches of fiduciary duties by certain directors and officers was announced.
Investors who are current long term investors in Novo Nordisk A/S (NYSE: NVO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for long term investors in…

Lawsuit filed for Investors who lost money with shares of Fortinet, Inc. (NASDAQ …
An investor, who purchased shares of Fortinet, Inc. (NASDAQ: FTNT), filed a lawsuit over alleged violations of Federal Securities Laws by Fortinet, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fortinet, Inc. (NASDAQ: FTNT) have certain options and for certain investors are short and strict deadlines running. Deadline: November 21, 2025. NASDAQ: FTNT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)…

CTO Realty Growth, Inc. (NYSE: CTO) Investor Alert: Deadline in Lawsuit on Octob …
A deadline is coming up on October 07, 2025in the lawsuit filed for certain investors of CTO Realty Growth, Inc. (NYSE: CTO) over alleged securities laws violations by CTO Realty Growth, Inc.
Investors who purchased shares of CTO Realty Growth, Inc. (NYSE: CTO) have certain options and there are strict and short deadlines running. Deadline: October 07, 2025. CTO Realty Growth, Inc. (NYSE: CTO) stockholders should contact the Shareholders Foundation at…

Alert: Lawsuit filed for Investors who lost money with shares of Jasper Therapeu …
An investor, who purchased shares of Jasper Therapeutics, Inc. (NASDAQ: JSPR), filed a lawsuit over alleged violations of Federal Securities Laws by Jasper Therapeutics, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Jasper Therapeutics, Inc. (NASDAQ: JSPR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 18, 2025. NASDAQ: JSPR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Domo
Investigation announced for Investors in Domo, Inc. (NASDAQ: DOMO) over potentia …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Domo, Inc.
Investors who purchased shares of Domo, Inc. (NASDAQ: DOMO) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Domo, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
American Fork, UT based…
Gneiss Market Demand : Domo Graniti, GNEISSBG, Stone Home, Eurokold
The Gneiss Market 2023 study focuses on a global evaluation of information from the most recent market developments. The purpose of MarketsandResearch.biz is to offer the company's customers a comprehensive market overview to formulate development plans.
Designing of the report is done with the help of infographics, charts, and graphs. The report initially analyzes the various segments of the global Gneiss market in a brief manner, which includes product types, applications.…
Marketing Dashboards Market to Watch: Spotlight on Google, Domo Zoho, Looker
A new business intelligence report released by HTF MI with title "Covid-19 Impact on Global Marketing Dashboards Market Size, Status and Forecast 2020-2026" is designed covering micro level of analysis by manufacturers and key business segments. The Covid-19 Impact on Global Marketing Dashboards Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources…
Investigation announced for Long-Term Investors in shares of Domo, Inc. (NASDAQ: …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Domo, Inc.
Investors who are current long term investors in Domo, Inc. (NASDAQ: DOMO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: DOMO stocks follows a lawsuit filed against Domo, Inc. over…
Peptone Market Competitive Share and Forecast 2026| Solabia, Kerry, FrieslandCam …
Los Angeles, United State -The report titled "Global Peptone Market Research Report 2020" is one of the most comprehensive and important additions to QY Research's archive of market research studies. It offers detailed research and analysis of key aspects of the global Peptone market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the…
Domo, Inc. (NASDAQ: DOMO) Investor Alert: Deadline in Lawsuit on December 16, 20 …
The Shareholders Foundation announced that a deadline is coming up on December 16, 2019 in the lawsuit filed for certain investors of Domo, Inc. (NASDAQ: DOMO) over alleged securities laws violations by Domo, Inc.
Investors who purchased shares of Domo, Inc. (NASDAQ: DOMO) have certain options and there are strict and short deadlines running. Deadline: December 16, 2019. NASDAQ: DOMO stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)…