Domo sees cloud-based data warehouse as ‘likely acquirer’ in next 12-24 months

Domo said on its Q1 earnings conference call that the company gets interest from strategics or private equity shops “all the time.” IT said the company has over $1B of income tax NOLs, and that the value is “clearly misunderstood and/or underestimated.” Domo said it is continuing to talk to potential acquirers to explore the details of “how we would fit together and create value.”