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DOMO - Buy the Dip guys!
Domo, Inc.
Long
DOMO - Buy the Dip guys!
By caldooninvestment
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Aug 17, 2021
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Aug 17, 2021
-Domo remains on track to become free cash flow positive as it begins to win sizable mandates from large corporate customers.
-Accelerating digital transformation is driving demand for a business intelligence integration platform which Domo excels at.
-The current cash burn profile is not positive, but we believe this will improve in the short to medium term. We reiterate our bullish stance.
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