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Domo Inc reported a record operating margin of 6.8%, surpassing guidance, and positive adjusted free cash flow of $2.1 million in Q3, a $15.8 million improvement over the previous year. However, Q3 billings fell short of guidance due to longer-than-expected sales cycles for partner-related deals, and gross margin decreased by 90 basis points year over year. The company faces challenges in maintaining high net retention rates and is uncertain about the timing of gross retention improvements.

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