When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of Domo have rallied ~30% this year, outstripping most of its small/mid-cap growth software peers.
Investors have cheered Domo's substantial gains in profitability, as the company is now roughly breakeven in FCF and nearly so on a pro forma operating margin basis.
At the same time, the company has been able to hold onto >20% y/y growth, a result of continued investment into its sales staff.
At the same time, Domo's ~10x forward revenue multiple already fairly values this company for its merits.