SUMO News and Press, Sumo Logic Inc. From 12/13/22

Summary Sumo’s long-term revenue will grow at a CAGR of mid-teens in the long term driven by its technologically advanced cloud software solutions. The company’s software-as-a-service analytics platform will help it drive its long-term revenue growth. The companyȁ...

Summary Sumo Logic posted incredibly strong Q3 results that showed an acceleration in top-line revenue growth to 27% y/y. On top of that, the company also improved pro forma operating margins by fifteen points year-over-year. This big data company plays in a massive $50+ billion TAM...

Sumo Logic ( NASDAQ: SUMO ) announced the availability of Sumo Logic Cloud SOAR in the AWS Tokyo region. It marks the second Sumo Logic security solution now available in the region and the latest move by Sumo Logic to ensure efficient global growth throughout the Asia-Pacific re...

REDWOOD CITY, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced the availability of Sumo Logic Cloud SOAR in the AWS Tokyo region. It marks the second Sumo Logic security soluti...

Sumo Logic ( NASDAQ: SUMO ) stock rose as much as 18.4% in Tuesday morning trading after it reported better-than-expected third quarter results and provided an improved forecast for the current year. SUMO on Monday after the bell posted Q3 Non-GAAP EPS of -$0.04, bea...

Shares of Sumo Logic (NASDAQ: SUMO) , a software analytics platform company, were rising fast today after the company reported better-than-expected third-quarter results. Sumo Logic's top and bottom lines both outpaced Wall Street's expectations, helping to send the software-as-a-se...

The bear market in stocks during 2022 has hit investors hard, and the damage has been particularly evident among tech stocks in the Nasdaq Composite (NASDAQINDEX: ^IXIC) . After several years of outperforming other major market indexes, the Nasdaq has had to deal with many of its stock li...

Third quarter revenue grew 27% year over year to $79.0 million Third quarter ARR grew 22% year over year to $298.9 million REDWOOD CITY, Calif., Dec. 05, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reli...

LAS VEGAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- AWS re:Invent 2022 – Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced support for the launch preview of AWS Verified Access, a new service for Amazon Virtual Priv...

LAS VEGAS, Nov. 29, 2022 (GLOBE NEWSWIRE) -- AWS re: Invent 2022 -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced support for the launch of Amazon Security Lake from Amazon Web Services (AWS). Sumo Log...