Domo posted Q2 net loss of USD 9.62 million, narrowing from USD 22.93 million a year earlier; operating loss narrowed to USD 2.39 million.
Revenue fell 4% year over year to USD 76.78 million, on a 3% drop in subscription revenue to USD 70.36 million.
Billings declined 13% to USD 61.04 million; total gross margin rose 2 percentage points to 77%.
Trailing 12-month gross retention rate edged up to 86%; remaining performance obligations slipped 5% to USD 410.8 million.
Domo entered a definitive asset-sale agreement with Progress on July 22, expected to close by end-September; substantial doubt was raised about going concern.
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