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NASDAQ:SUMO

Sumo Logic (SUMO) Stock Price, News & Analysis

Sumo Logic logo

About Sumo Logic Stock (NASDAQ:SUMO)

Key Stats

Today's Range
$12.04
$12.04
50-Day Range
$12.00
$12.05
52-Week Range
$6.43
$12.60
Volume
786 shs
Average Volume
2.73 million shs
Market Capitalization
$1.49 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. It offers Continuous Intelligence Platform, a cloud-native, multi-tenant, and secure service that leverages to enable reliability and security of cloud applications and workloads. The company also provides observability solution, an out-of-the-box solution for managing their application reliability for cloud applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. The company was incorporated in 2010 and is headquartered in Redwood City, California.

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SUMO Stock News Headlines

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See More Headlines

SUMO Stock Analysis - Frequently Asked Questions

Sumo Logic, Inc. (NASDAQ:SUMO) announced its earnings results on Sunday, December, 5th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.02. The firm's quarterly revenue was up 19.6% on a year-over-year basis.

Sumo Logic (SUMO) raised $281 million in an initial public offering on Thursday, September 17th 2020. The company issued 14,800,000 shares at $17.00-$21.00 per share. Morgan Stanley, JPMorgan, RBC Capital Markets and Jefferies acted as the underwriters for the IPO and William Blair, Cowen, Piper Sandler and BTIG were co-managers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sumo Logic investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
12/05/2021
Today
11/15/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:SUMO
Fax
N/A
Employees
943
Year Founded
N/A

Profitability

Net Income
$-124,820,000.00
Pretax Margin
-40.58%

Debt

Sales & Book Value

Annual Sales
$300.67 million
Book Value
$3.13 per share

Miscellaneous

Free Float
114,781,000
Market Cap
$1.49 billion
Optionable
Not Optionable
Beta
1.30
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This page (NASDAQ:SUMO) was last updated on 11/15/2024 by MarketBeat.com Staff
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