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Sumo Logic, Inc. Stock Price

NasdaqGS:SUMO Community·US$1.5b Market Cap
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SUMO Share Price Performance

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Recent SUMO News & Updates

Sumo Logic (NASDAQ:SUMO) Is In A Strong Position To Grow Its Business

Jan 17
Sumo Logic (NASDAQ:SUMO) Is In A Strong Position To Grow Its Business

Sumo Logic, Inc. Key Details

US$300.7m

Revenue

US$97.2m

Cost of Revenue

US$203.4m

Gross Profit

US$328.3m

Other Expenses

-US$124.8m

Earnings

Last Reported Earnings
Jan 31, 2023
Next Reporting Earnings
n/a
Earnings per share (EPS)
-1.01
Gross Margin
67.66%
Net Profit Margin
-41.51%
Debt/Equity Ratio
0%

Sumo Logic, Inc. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Excellent balance sheet with concerning outlook.

3 Risks
1 Reward

About SUMO

Founded
2010
Employees
983
CEO
Ramin Sayar
WebsiteView website
www.sumologic.com

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. Sumo Logic, Inc. was incorporated in 2010 and is headquartered in Redwood City, California. As of May 12, 2023, Sumo Logic, Inc. was taken private.

Market Insight

Rare earths may be a sliver of the global metals market, but they punch far above their weight. These obscure elements are the invisible wiring of modern life.
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U.S. Market Performance

  • 7 Days: 0.8%
  • 3 Months: 8.3%
  • 1 Year: 17.8%
  • Year to Date: 15.4%
Over the last 7 days, the market has remained flat, although notably the Utilities sector gained 3.1% in that time. Meanwhile, the market is actually up 18% over the past year. As for the next few years, earnings are expected to grow by 15% per annum. Market details ›