In a separate press release issued on February 9, Sumo Logic announced that it has entered into a definitive agreement to be acquired by entities affiliated with Francisco Partners Management. A copy of the press release and supplemental materials can be found on the investor relations page of Sumo Logic’s website at investors.sumologic.com. The additional details and information about the terms and conditions of the definitive agreement and the transactions are available in the Current Report on Form 8-K filed by Sumo Logic with the Securities and Exchange Commission on February 9, .Given the announced transaction, Sumo Logic will not host an earnings conference call or provide financial guidance in conjunction with this earnings release. Sumo Logic is also withdrawing its previous financial guidance as a result of the pending transaction. For further detail and discussion of Sumo Logic’s financial performance please refer to Sumo Logic’s Annual Report on Form 10-K for the quarter and fiscal year ended January 31 , which will be filed subsequently with the SEC.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SUMO:
- Sumo Logic Announces Fourth Quarter and Fiscal Year 2023 Financial Results
- Sumo Logic downgraded to Market Perform from Outperform at Cowen
- Sumo Logic downgraded to Sector Perform from Outperform at RBC Capital
- Sumo Logic Snapped Up in a $1.7 Billion Deal
- Sumo Logic to be Acquired by Francisco Partners for $1.7 Billion