Sumo Logic Inc (SUMO) Stock
SUMO is no longer traded. Sumo Logic Inc was taken private by Francisco Partners on May 12, 2023.
Each SUMO share was exchanged for $12.05 in cash. Prices on this page are historical; the last trade was May 11, 2023 at $12.04.
Sumo Logic Inc stock price history
SUMO final trading statistics
- Final close
- $12.04
- Final trading day
- May 11, 2023
- Market cap at delisting
- $1.49B
- Shares outstanding
- 124.09M
- Final 52-week range
- $6.42 – $12.60
- Avg. volume (final 3 mo.)
- 2,944,398
- All-time high (split-adj.)
- $40.25 · Feb 2021
- All-time low (split-adj.)
- $6.60 · Oct 2022
- Return since IPO
- -55.2%
- Beta
- 1.30
- Book value / share
- $3.06
- Price / book
- 3.93
Sumo Logic Inc annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $300.67M | -$124.8M | -$0.30 |
| FY2022 | $242.12M | -$123.4M | -$0.47 |
| FY2021 | $202.64M | -$80.3M | -$1.39 |
| FY2020 | $155.06M | -$92.1M | — |
| FY2019 | $103.64M | -$47.8M | — |
Last five fiscal years reported before the delisting; fiscal year ending January. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Sumo Logic Inc
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 worldwide. It offers Continuous Intelligence Platform, a cloud-native, multi-tenant, and secure service that leverages to enable reliability and security of cloud applications and workloads. The company also provides observability solution, an out-of-the-box solution for managing their application reliability for cloud applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. Sumo Logic, Inc. was incorporated in 2010 and is headquartered in Redwood City, California. As of May 12, 2023, Sumo Logic, Inc. was taken private.
Sumo Logic Inc stock FAQ
What happened to Sumo Logic Inc stock?
Sumo Logic Inc was taken private by Francisco Partners on May 12, 2023. Shareholders received $12.05 in cash for each share. SUMO stock stopped trading on the Nasdaq, with a final close of $12.04 on May 11, 2023.
What did Sumo Logic Inc shareholders receive?
Each SUMO share was converted into $12.05 in cash. The deal was valued at about $1.7 billion.
Is SUMO stock still trading?
No. SUMO was delisted from the Nasdaq on May 12, 2023 and no longer trades on a U.S. exchange.
What was the last price of SUMO stock?
SUMO closed at $12.04 on its final trading day, May 11, 2023, for a market value of about $1.49B.
What were Sumo Logic Inc's revenue and earnings in its last full fiscal year?
Sumo Logic Inc reported revenue of $300.67M and net income of -$124.8M in fiscal 2023, its last full year as a public company.
When did Sumo Logic Inc go public?
Sumo Logic Inc stock began trading on September 17, 2020.