Domo, Inc. (NASDAQ:DOMO) Q3 2023 Earnings Call Transcript

Eric Martinuzzi: Okay. And then I want to make sure I understand expectations for the operating expenses for Q4, and then I guess I may as well address at least early on for Q1. It’s my honor to understand that there’s not an expectation that OpEx would rise with potential incremental investment in sales force, or is it the variable part? We’d hope that would rise. What’s your expectation for OpEx in Q4, Q1?

Bruce Felt: Yes. We’re focusing on non-GAAP operating margin. And that because expenses or revenue could flex a little bit but the commitment, we have is to make sure we hit our target and definitely be positive in Q4. And all our planning models are targeting positive in fiscal year 24.

Eric Martinuzzi: On the full year basis, but not necessarily on a quarter-by-quarter?

Bruce Felt: Well, let’s say full year for now. And when we get to like formal guidance at the end of Q4, we may provide some more color about how that could be divided amongst the quarters between the quarters.

Eric Martinuzzi: Got you. Okay, thanks for taking my questions.

Bruce Felt: You’re welcome.

Endof Q&A:

Operator: And with no further questions that will conclude today’s conference. Thank you for your participation and you may now disconnect.