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Sumo Logic (NASDAQ:SUMO) Releases Earnings Results, Beats Estimates By $0.04 EPS

Sumo Logic (NASDAQ:SUMO – Get Rating) released its quarterly earnings results on Thursday. The company reported ($0.13) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.04, Briefing.com reports. The business had revenue of $67.90 million for the quarter, compared to the consensus estimate of $66.09 million. Sumo Logic had a […] ....

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Sumo Logic (NASDAQ:SUMO) PT Lowered to $13.00

Sumo Logic (NASDAQ:SUMO – Get Rating) had its price target decreased by analysts at Cowen to $13.00 in a note issued to investors on Friday, Stock Target Advisor reports. Cowen’s price target would indicate a potential upside of 53.85% from the stock’s previous close. Other analysts also recently issued reports about the company. Piper Sandler […] ....

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Sumo Logic (NASDAQ:SUMO) Issues FY 2023 Earnings Guidance

Sumo Logic (NASDAQ:SUMO – Get Rating) issued an update on its FY 2023 earnings guidance on Thursday morning. The company provided EPS guidance of -$0.64–$0.62 for the period, compared to the consensus EPS estimate of -$0.67. The company issued revenue guidance of $289.00 million-$292.00 million, compared to the consensus revenue estimate of $290.57 million.Sumo Logic […] ....

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