NASDAQ:SUMO

Sumo Logic (SUMO) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
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
SUMO stock logo

About Sumo Logic Stock (NASDAQ:SUMO)

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.

SUMO Stock News Headlines

Automatic Income (from home)
For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year.
Q1 2024 Perfect Corp Earnings Call
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Code42 Appoints Dennis Dayman as Chief Information Security Officer
PagerDuty: Deceleration In Customer Growth Is Alarming
Crash causes thousands to lose power in Myers Park
U.S. MQ-9 Drone shot down off the coast of Yemen
See More Headlines
Receive SUMO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sumo Logic and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
12/05/2021
Today
5/04/2024
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
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives


SUMO Stock Analysis - Frequently Asked Questions

How were Sumo Logic's earnings last quarter?

Sumo Logic, Inc. (NASDAQ:SUMO) announced its quarterly earnings results on Sunday, December, 5th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.02. The firm earned $62.02 million during the quarter, compared to analysts' expectations of $60.85 million. Sumo Logic had a negative net margin of 41.51% and a negative trailing twelve-month return on equity of 25.88%. The company's revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.40) EPS.

What ETF holds Sumo Logic's stock?

Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares holds 232 shares of SUMO stock, representing 0.06% of its portfolio.

When did Sumo Logic IPO?

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

This page (NASDAQ:SUMO) was last updated on 5/4/2024 by MarketBeat.com Staff

From Our Partners