SUMO Stock Recent News

REDWOOD CITY, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that it will report financial results for the third quarter ended October 31, 2022 after market close on Monday, December 5, 2022. The company will host a conference call on the same day beginning at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss financial results and business highlights.

Shares of Sumo Logic have staged a slight rebound after the company issued uplifting Q2 results. On top of showing a slight acceleration in revenue growth, Sumo Logic also slightly boosted its guidance forecast for the remainder of the year.

Sumo Logic, Inc. (NASDAQ:SUMO ) Q2 2023 Earnings Conference Call August 25, 2022 4:30 PM ET Company Participants Bryan Liberator – Senior Director-Investor Relations Ramin Sayar – President and Chief Executive Officer Stewart Grierson – Chief Financial Officer Conference Call Participants Matt Hedberg – RBC Capital Markets Kamil Mielczarek – William Blair Derrick Wood – Cowen Gray Powell – BTIG Sanjit Singh – Morgan Stanley Blair Abernethy – Rosenblatt Operator Greetings, and welcome to the Sumo Logic Second Quarter Fiscal 2023 Earnings Call. [Operator instructions] As a reminder, this conference is being recorded.

Sumo Logic, Inc. (SUMO) delivered earnings and revenue surprises of 28.57% and 3.63%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

REDWOOD CITY, Calif., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that it will report financial results for the second quarter ended July 31, 2022 after market close on Thursday, August 25, 2022. The company will host a conference call on the same day beginning at 1:30 PM Pacific Time (4:30PM Eastern Time) to discuss financial results and business highlights.

Despite Artificial Intelligence (AI) being around since the 1950s with the advent of more powerful computers, AI stocks came under.

The average of price targets set by Wall Street analysts indicates a potential upside of 82.1% in Sumo Logic, Inc. (SUMO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Sumo Logic recently posted excellent Q1 results, despite the stock having barely reacted to the upside. Revenue growth accelerated to 25% y/y, while net retention rates also achieved a multi-quarter high.

Sumo Logic, Inc. (NASDAQ:SUMO ) Q1 2023 Earnings Conference Call May 26, 2022 4:30 PM ET Corporate Participants Bryan Liberator - Director of IR Ramin Sayar - President and Chief Executive Officer Stewart Grierson - Chief Financial Officer ConferenceCall Participants Kamil Mielczarek - William Blair Matt Swanson - RBC Capital Markets Derrick Wood - Cowen & Company Sterling Auty - JPMorgan Sanjit Singh Morgan Stanley Janet Zhang - BTIG Operator Greetings and welcome to the Sumo Logic First Quarter Fiscal 2023 Earnings Call. At this time, all participants are in a listen-only mode.

Sumo Logic, Inc. (SUMO) delivered earnings and revenue surprises of 23.53% and 2.61%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?