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Sumo Logic, Inc.

SUMO•NASDAQ
Technology
Software - Infrastructure
$12.04
$0.00(0.00%)
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Over the last four quarters, Sumo Logic, Inc. achieved steady financial progress, growing revenue from $67.86M in Q1 2023 to $79.75M in Q4 2023. Gross profit stayed firm with margins at 72% in Q4 2023 versus 64% in Q1 2023. Operating income totaled -$28.14M in Q4 2023, maintaining a -35% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$23.53M. Net income dropped to -$27.90M, with EPS at -$0.23. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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