MARKET COMPOSITE
SUMO - Sumo Logic Inc
Price
$0.00
+ 0.00 (0.00%)
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. Its platform enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights. The company offer a suite of solutions to address areas, such as operational intelligence, security intelligence, business intelligence, and global intelligence. Sumo Logic, Inc. was founded in 2010 and is headquartered in Redwood City, California.
Financials
Quarterly financials
(USD)Jan 2023Q/Q
Revenue79.8MM+1%
Gross Profit57.4MM+7%
Cost Of Revenue22.3MM-11%
Operating Income-28.1MM+3%
Operating Expenses85.6MM+5%
Net Income-27.9MM+6%
R&D24.6MM-7%
G&A21.2MM+33%
Marketing39.8MM+3%
Amortization2.1MM-40%
Interest Expense59K-25%
Stock Chart
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Stock news

    Seasoned Product and Technology Executive Joins Sumo Logic to Drive Innovation and Customer FocusREDWOOD CITY, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Sumo Logic, the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that Joe Kim has been appointed President and Chief Executive Officer, effective immediately. Mr. Kim succeeds Ramin Sayar, who is stepping down after leading Sumo Logic over the past eight and half years and now through its successful

    REDWOOD CITY, Calif., May 12, 2023 (GLOBE NEWSWIRE) -- Sumo Logic, the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, has completed its acquisition of the company. Pursuant to the terms of the definitive agreement announced on February 9, 2023, Francisco Partners has acquired all outstanding shares of Sumo Logic common stock for $1

    While Sumo Logic, Inc. ( NASDAQ:SUMO ) might not be the most widely known stock at the moment, it saw a significant...

    Sumo Logic Cloud SIEM Automation Service Sumo Logic introduces Cloud SIEM Automation Service, a marriage of Cloud SOAR with Cloud SIEM. Sumo Logic Cloud SIEM Insight Trainer Sumo Logic Cloud SIEM enables SOC teams to focus attention on true indicators of compromise. As a result, overall security posture is improved with high-fidelity signals. Applies detection logic to behavior modeling with UEBACloud SOAR features added to Cloud SIEM power new Automation ServiceML-powered detection lowers false

    Today, Critical Start, a leading provider of Managed Detection and Response (MDR) cybersecurity solutions, announced the expansion of its Security Services for SIEM (Security Information and Event Management) through a new partnership with Sumo Logic. With this partnership, Critical Start provides Sumo Logic customers the ability to reach the full operating potential of their SIEM investment for threat detection and response through improved configuration and the actioning of every alert within

    Predicts variable cloud resource needs during production and managing the reliability of digital servicesAMSTERDAM, April 18, 2023 (GLOBE NEWSWIRE) -- KubeCon + CloudNativeCon Europe 2023 -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced Predict for Metrics. When combined with existing capabilities in Sumo Logic, Predict for Metrics provides a comprehensive way to harness observability analytics to better predict va

    Reinforces commitment to OpenTelemetry strategy, removes complexity in collection and normalization across data types for OTel native experiencesAMSTERDAM, April 18, 2023 (GLOBE NEWSWIRE) -- KubeCon + CloudNativeCon Europe 2023 – Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced it has taken steps to remove complexity from data collection, improved normalization of data, and consolidated collection agents with OpenTele

    If you want to compound wealth in the stock market, you can do so by buying an index fund. But investors can boost...

    REDWOOD CITY, Calif., April 06, 2023 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, announced today that it has achieved the Amazon Web Services (AWS) Cloud Operations Competency in the Monitoring and Observability category. As an AWS Cloud Operations Competency Partner, Sumo Logic has demonstrated expertise in helping customers build a strong and scalable foundation for end-to-end Cloud Operations. With the rig

    REDWOOD CITY, Calif., March 30, 2023 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced its activities at RSA Conference 2023 and at Moscone Center in the North Hall, Booth #5151. Company executives, thought leaders and security and observability experts will discuss how Sumo Logic is delivering the right insights and innovation to protect against modern threats. Sumo Logic will be hosting a live pre