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DOMO News and Press, Domo Inc. From 09/24/20

Stock Information

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

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DOMO - Domo: Wait A Little

Domo's improved growth factor is worth highlighting. The Street is still wary of its lack of profitability and unstable cash flows. Domo can lock in the current momentum by evolving more capabilities in data analytics. The level of competition in the BI space makes it tough to...

DOMO - Rise of low-code app platforms suggests growth for these names, Needham says

There's acceleration happening in a little-understood market segment - low-code application platforms (LCAP) - and that's boosting opportunity for multiple winners with some substantial upside, Needham says. More news on: Pegasystems Inc., Appian Corporation, ServiceNow, Inc., Tech stocks ...

DOMO - Akerna partners with Domo to provide MJ Analytics, a first of its kind actionable insights product

DENVER , Sept. 16, 2020 /PRNewswire/ -- Akerna (Nasdaq: KERN), a leading compliance technology provider and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), today announced the release of MJ Analytics,...

DOMO - Domo: Good Time To Move To The Sidelines

Domo ( DOMO ) is now no longer the dog of the software sector. For years after its 2018 IPO at $21 per share, shares of Domo languished beside faster-growing SaaS peers. Investors and Wall Street criticized the stock for both growing too slowly and for burning through way too much cash - essen...

DOMO - Oracle hits new record after earnings, pulls software names into green

Software names are on the move after Oracle's ( ORCL +2.2% )  upside fiscal Q1 report drives the stock to a new record of $61.86. Adobe also received its second positive sell-side action in as many days ahead of its earnings report next week. More news on: Oracle Corporation, Pal...

DOMO - Domo Executives to Participate in the Deutsche Bank Technology Conference

Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, today announced management will virtually present at the Deutsche Bank Technology Conference. The presentation is scheduled for Tuesday, September 15 at 3:20pm EDT. A live webcast of the conference presentation will be available ...

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 t...

DOMO - Domo Executives to Participate in the Jefferies 2020 Software Conference

Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, today announced management will virtually present at the Jefferies 2020 Software Conference. The presentation is scheduled for Monday, September 14 at 3:30pm PDT. A live webcast of the conference presentation will be available on...

DOMO - Why Domo Stock Popped Today

Shares of Domo (NASDAQ: DOMO) have popped today, up by 10% as of 12 p.m. EDT, after the company reported  fiscal second-quarter earnings. Domo delivered a textbook beat-and-raise. Revenue in the fiscal second quarter came in at $51.1 million, topping the consensus estimate of $49 milli...

DOMO - Domo has 'very large deal' in pipeline, says Cowen bull

Cowen analyst J. Derrick Wood raises his Domo (NASDAQ: DOMO )  price target from $42 to $50, saying he's hearing of "a very large deal" in the pipeline that isn't reflected in the current guidance. More news on: Domo, Inc., Tech stocks news, Stocks on the move, Read more ......

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