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home / news releases / DOMO - Same Old Story - Domo Is Still Burning Too Much Cash


DOMO - Same Old Story - Domo Is Still Burning Too Much Cash

Long-time followers of my work realize that Domo, Inc. (DOMO) is not one of my favorite companies to invest in. I wrote the article Domo: Please Stop Pulling My Leg some time ago and unfortunately despite some positives coming out of the company’s most recent quarter, I still have the same concerns. Expenses are still way too high, free cash flow is still extremely negative albeit improving, and the company management in my opinion, continues to make a statement that will never be fulfilled. From the latest earnings call:

Since our IPO,

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Stock Information

Company Name: Domo Inc.
Stock Symbol: DOMO
Market: NASDAQ
Website: domo.com

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