Sumo Logic

Sumo Logic, Inc. engages in the provision and development of continuous intelligence software platform. Its product enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and internet of things (IoT) data to derive insights. The company was founded by Kumar Saurabh and Christian Beedgen in 2010 and is headquartered in Redwood City, CA.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sumo Logic is a secure, cloud-native, machine data analytics service, that delivers real-time, continuous intelligence from structured, semi-structured, and unstructured data across the entire application lifecycle and stack.  It provides log management and analytics services that leverage machine-generated big data to deliver real-time IT insights. More than 2,000 customers around the globe rely on Sumo Logic for the analytics and insights to build, run, and secure their modern applications and cloud infrastructures. With Sumo Logic, customers gain a multi-tenant, service-model advantage to accelerate their shift to continuous innovation, increasing competitive advantage, business value, and growth.  Founded in 2010, Sumo Logic is a privately held company based in Redwood City, California, and is backed by Accel Partners, Battery Ventures, DFJ, Franklin Templeton, Greylock Partners, IVP, Sapphire Ventures, Sequoia Capital, Sutter Hill Ventures and Tiger Global Management.

Recognition demonstrates commitment to providing award-winning protection against security threats Recognition demonstrates commitment to providing award-winning protection against security threats

Sumo Logic Achieves AWS Security Competency Status for Cloud SIEM and SOAR Solutions

REDWOOD CITY, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today unveiled a new process to deliver Kubernetes observability in just a few clicks. This simplified process streamlines the Sumo Logic collection process and ensures faster time-to-value for Kubernetes observability.

Developers: Sumo Logic Delivers 3-Step Onboarding for Kubernetes Observability

Sixth Annual User and Community Conference Unites Practitioners to Share Best Practices for Delivering Reliable and Secure Cloud-Native Applications and Digital Experiences Sixth Annual User and Community Conference Unites Practitioners to Share Best Practices for Delivering Reliable and Secure Cloud-Native Applications and Digital Experiences

Sumo Logic Opens Registration and Call for Papers for Illuminate 2022

UiPath

Despite Artificial Intelligence (AI) being around since the 1950s with the advent of more powerful computers, AI stocks came under.

Two AI stocks to consider in these volatile markets

The average of price targets set by Wall Street analysts indicates a potential upside of 82.1% in Sumo Logic, Inc. (SUMO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Sumo Logic, Inc. (SUMO) Could Surge 82%: Read This Before Placing a Bet

REDWOOD CITY, Calif., June 16, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced it has been included for the first time and positioned by Gartner in the Challengers Quadrant of the 2022 Magic Quadrant for Application Performance Monitoring and Observability.1

Sumo Logic Named a Challenger in the Gartner® Magic Quadrant™ for Application Performance Monitoring and Observability

Cloud Security Monitoring and Cloud SOAR take top Honors in Global InfoSec Awards Cloud Security Monitoring and Cloud SOAR take top Honors in Global InfoSec Awards

Sumo Logic Innovation Recognized with Industry Accolades at RSA Conference 2022

The mean of analysts' price targets for Sumo Logic, Inc. (SUMO) points to a 78.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Sumo Logic, Inc. (SUMO) Climb 78% to Reach the Level Wall Street Analysts Expect?

Establishes Sumo Logic Threat Labs Unit to deliver accelerated detection for modern threats at cloud scale Establishes Sumo Logic Threat Labs Unit to deliver accelerated detection for modern threats at cloud scale

Sumo Logic Introduces Threat Labs Unit for Advanced Detection and Expanded Security Community Contribution

Sumo Logic recently posted excellent Q1 results, despite the stock having barely reacted to the upside. Revenue growth accelerated to 25% y/y, while net retention rates also achieved a multi-quarter high.

Sumo Logic: Be Patient, A Rebound Is Imminent

New report details the need for tool consolidation, describes impact of complexity in managing hybrid environments and expanding regulatory controls in advancing security priorities New report details the need for tool consolidation, describes impact of complexity in managing hybrid environments and expanding regulatory controls in advancing security priorities

Cloud-Native Solutions Emerge as Peace Brokers to Drive Stronger Collaboration among Security and Compliance Teams

Sumo Logic welcomes sales, channel and operations leaders to help capture large market opportunities and further deliver growth and scale Sumo Logic welcomes sales, channel and operations leaders to help capture large market opportunities and further deliver growth and scale

Top Go-To-Market Leaders Join Sumo Logic

Sumo Logic, Inc. (NASDAQ:SUMO ) Q1 2023 Earnings Conference Call May 26, 2022 4:30 PM ET Corporate Participants Bryan Liberator - Director of IR Ramin Sayar - President and Chief Executive Officer Stewart Grierson - Chief Financial Officer ConferenceCall Participants Kamil Mielczarek - William Blair Matt Swanson - RBC Capital Markets Derrick Wood - Cowen & Company Sterling Auty - JPMorgan Sanjit Singh Morgan Stanley Janet Zhang - BTIG Operator Greetings and welcome to the Sumo Logic First Quarter Fiscal 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Sumo Logic, Inc. (SUMO) CEO Ramin Sayar on Q1 2023 Results - Earnings Call Transcript

Sumo Logic, Inc. (SUMO) delivered earnings and revenue surprises of 23.53% and 2.61%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Sumo Logic, Inc. (SUMO) Reports Q1 Loss, Tops Revenue Estimates

First quarter revenue grew 25% year-over-year to $67.9 million First quarter ARR grew 27% year-over-year to $273.3 million

Sumo Logic Announces First Quarter Fiscal 2023 Financial Results

Sumo Logic, Inc. (SUMO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Sumo Logic, Inc. (SUMO) Stock Jumps 12.9%: Will It Continue to Soar?

REDWOOD CITY, Calif., May 10, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that it will report financial results for the first quarter ended April 30, 2022 after market close on Thursday, May 26, 2022. The company will host a conference call on the same day beginning at 1:30 PM Pacific Time (4:30PM Eastern Time) to discuss financial results and business highlights.

Sumo Logic Announces Date of First Quarter Fiscal 2023 Earnings Conference Call

REDWOOD CITY, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (Nasdaq: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that it has appointed John D. Harkey, Jr. to its Board of Directors, effective immediately. With this addition, the Sumo Logic Board will consist of ten directors, eight of whom are independent.

Sumo Logic Appoints John D. Harkey, Jr. to Board of Directors

Open standards approach simplifies data collection across modern application stacks Open standards approach simplifies data collection across modern application stacks

Sumo Logic Defines Future of Agent Collection on OpenTelemetry

Sumo Logic Announces Support for AWS for Games Sumo Logic Announces Support for AWS for Games

Digital Gaming Experiences at Scale Run on Sumo Logic

Shares of Sumo Logic have been under pressure over the past year, down 20% year-to-date and down 60% over the past twelve months.

Sumo Logic: After A Solid Quarter, It's Time To Play The Rebound

Sumo Logic, Inc. (SUMO) CEO Ramin Sayar on Q4 2022 Results - Earnings Call Transcript

Fourth quarter revenue grew 24% year-over-year to $67.0 million Full year fiscal 2022 revenue grew 19% year-over-year to $242.1 million

Sumo Logic Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Sumo Logic Introduces War Room and App Central Capabilities to Industry-Leading Cloud SOAR Sumo Logic Introduces War Room and App Central Capabilities to Industry-Leading Cloud SOAR

Sumo Logic Boosts Automation to Deliver Increased Collaboration, Shorter Investigation and Response Times for Modern Security Operations

REDWOOD CITY, Calif., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (Nasdaq: SUMO) the pioneer in continuous intelligence, today announced that it will report financial results for the fourth quarter and full year ended January 31, 2022 after market close on Tuesday, March 8, 2022. The company will host a conference call on the same day beginning at 1:30 PM Pacific Time (4:30PM Eastern Time) to discuss financial results and business highlights.

News for Sumo Logic Stock (SUMO)