Sumo Logic Inc. (SUMO) Tops Q1 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- FOMC minutes from July 28-29th meeting
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
Sumo Logic Inc. (SUMO) Reports Q1 Revenue of $67.9M, EPS of ($0.13)
May 26, 2022 4:04 PM EDTSumo Logic (NASDAQ: SUMO) today announced financial results for the first quarter of its fiscal 2023 ended April 30, 2022.
We started our fiscal year strong as we delivered 25% revenue growth in the first quarter. Escalating security threats are driving a healthy demand environment, and we remain well positioned with a unified platform that delivers both observability and security, said Ramin Sayar, President and CEO of Sumo Logic. "The go-to-market changes we are making are underway, and customers are continuing to recognize the value of our differentiated SaaS analytics platform that ensures their applications are reliable and... More
Jefferies Cuts Software Price Targets Across the Board, Highlights Names With Least Downside
May 24, 2022 6:36 AM EDTJefferies analyst, Brent Thill, cut price targets in the software sector, virtually across the board expecting another drop in fundamental estimates stating "Software multiples continue to correct, contracting 52% YTD and trading at 6.7x CY23 rev. vs the historical average of 8x. Despite the recent downdraft, we believe there could... More
