Sumo Logic, Inc. (SUMO)
Sumo Logic, Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Redwood City, CA, US. The stock last traded at $12.04, up 0.00% on the session, giving a market capitalisation of $1.49B. On trailing twelve-month figures it carries a trailing P/E of -11.36, a net margin of -41.5%. Its beta of 1.30 implies it has historically moved more than the broad market.
Sumo Logic, Inc. offers a cloud-based software platform designed to assist global enterprises in navigating the complexities and capitalizing on the potential of digital shifts, contemporary software, and cloud infrastructure. Central to its offerings is the Continuous Intelligence Platform, a secure, multi-tenant, and natively cloud-based service crucial for ensuring the robust reliability and security of cloud-deployed applications and their underlying workloads. The company also furnishes an observability solution, an immediate, ready-to-use tool for overseeing the dependability of cloud-based applications. Complementing this is a security solution tailored to empower developers, security analysts, and security operations centers (SOCs) to identify threats, conduct thorough security analyses and forensics, and automate preventative responses for cloud environments. Established in 2010, the firm maintains its main offices in Redwood City, California.
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