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Sumo Logic Inc
14 own
7 watching
Current Price
$12.18
$0.11
(0.91%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
Market Capitalization
1,459.7M
52-Week High
12.67
52-Week Low
6.425
Average Volume
2.07M
Dividend Yield
--
P/E Ratio
--
Market Capitalization1,459.7M52-Week High12.6752-Week Low6.425Average Volume2.07MDividend Yield--P/E Ratio--What does the Sumo Logic Inc do?
Sumo Logic empowers organizations to close the intelligence gap. Sumo Logic is the pioneer of Continuous Intelligence, a new category of software, which enables organizations of all sizes to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing. We offer a suite of solutions to address the intelligence gap: Operational Intelligence, Security Intelligence, Business Intelligence, and Global Intelligence. We address cloud-native businesses as well as traditional on-premise businesses that are seeking to build, manage, and secure modern applications as they undertake their digital transformation and cloud adoption initiatives. We serve organizations of all sizes, from large enterprises to small and mid-market businesses, regardless of their cloud, digital transformation, security analytics, or DevSecOps maturity. Representative customers include 23andMe, Alaska Airlines, Brown University, JetBlue, Land O’Lakes, LendingTree, Major League Baseball, Netflix, PagerDuty, Petco, Pitney Bowes, Qualtrics, Salesforce.com, Twilio, ULTA Beauty, and Xero. Our customer count changed from 1,626 as of January 31, 2018 to 1,900 as of January 31, 2019, to 2,137 as of January 31, 2020, and to 2,130 as of July 31, 2020. Customers that had annual recurring revenue, or ARR, greater than $100,000 or more grew from 187 as of January 31, 2018 to 234 as of January 31, 2019 to 323 as of January 31, 2020, and to 330 as of July 31, 2020. Customers that had ARR greater than $1 million or more grew from seven as of January 31, 2018 to 17 as of January 31, 2019 to 25 as of January 31, 2020, and to 29 as of July 31, 2020. The power of our platform, and the benefits that it delivers to customers, has driven rapid growth in our revenue. For fiscal 2018, 2019, and 2020, our revenue was $67.8 million, $103.6 million, and $155.1 million, respectively, representing a year-over-year growth rate of 53% and 50%, respectively. For the six months ended July 31, 2019 and 2020, our revenue was $70.2 million and $96.6 million, respectively, representing a period-over-period growth rate of 38%. (1) For the month of July 2020. --- We were incorporated in Delaware in 2010. Our principal executive offices are located at 305 Main Street, Redwood City, California 94063, and our telephone number is (650) 810-8700. Our website address is www.sumologic.com.
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News & Events about Sumo Logic Inc.
Globe Newswire
3days ago
2023 CRN Channel Chiefs
Sumo Logic SVP of Global Partners and Alliances named as a 2023 CRN Channel Chief.
REDWOOD CITY, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that ...
Benzinga
16days ago
Latest Ratings for SUMO
DateFirmActionFromTo Mar 2022RosenblattMaintainsBuy Mar 2022RBC CapitalMaintainsOutperform Mar 2022Piper SandlerMaintainsNeutral
View More Analyst Ratings for SUMO
View the Latest Analyst Ratings
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Zolmax
1month ago
Sumo Logic, Inc. (NASDAQ:SUMO Get Rating) insider Lynne Doherty Mcdonald sold 56,527 shares of the stock in a transaction on Thursday, December 15th. The stock was sold at an average price of $8.30, for a total value of $469,174.10. Following the transaction, the insider now owns 466,504 shares of ...
Ticker Report
1month ago
Sumo Logic, Inc. (NASDAQ:SUMO Get Rating) CFO Stewart Grierson sold 55,480 shares of the stock in a transaction that occurred on Thursday, December 15th. The stock was sold at an average price of $8.30, for a total value of $460,484.00. Following the completion of the sale, the chief ...
Zolmax
1month ago
Sumo Logic, Inc. (NASDAQ:SUMO Get Rating) CEO Ramin Sayar sold 32,719 shares of the businesss stock in a transaction that occurred on Thursday, December 15th. The shares were sold at an average price of $8.30, for a total transaction of $271,567.70. Following the transaction, the chief executive ...
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Current Price
$12.18
$0.11
(0.91%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
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