Domo Reports Q3 Profit, Sales Decline; Shares Down in Premarket Trading

Domo, Inc. reported a profit in Q3, but sales slipped. The company adjusted its outlook and shares dropped in premarket trading. Domo provides a cloud-based platform that connects employees with all organizational data, systems, and people, giving them real-time access to insights and allowing them to make data-driven decisions. The platform enables employees to analyze and leverage data from their smartphones, and provides real-time access to quantitative and qualitative data through various connection options.