A Buy Before the Quarterly Earnings?
The transition to a usage-based pricing model and the deepening of cloud partnerships offer long-term growth potential!
Temporarily, the transition may still pose challenges, but if management consistently pursues the strategy, it should pay off!
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Domo Inc. (DOMO) provides a cloud-based software platform that helps companies collect, analyze, and visualize all their data. The company has historically relied on a traditional subscription model but is currently undergoing a significant shift towards a usage-based pricing model and intensifying its partnerships with major cloud database providers. These strategic steps have the potential to significantly influence the company's growth prospects and profitability. This model, often referred to as "Consumption Pricing," allows customers to pay...
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