SUMO News and Press, Sumo Logic Inc. From 05/25/22

Sumo Logic (NASDAQ:SUMO) FQ1 2023 consensus EPS estimate is -$0.17 and consensus revenue estimate is $66.09M. SUMO is scheduled to announce FQ1 2023 earnings results tomorrow, May 26, after market close. Over the last 1 year, SUMO has beaten EPS and revenue estimates 100% of th...

Analysts at Jefferies led by Brent Thill took an axe to the software sector, Monday, and cut the share-price targets of more than two dozen companies, including Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL) and VMware (NYSE:VMW). In a research note, Thill said that the moves were being made to ...

Analysts at Jefferies led by Brent Thill took an axe to the software sector, Monday, and cut the share-price targets of more than two dozen companies, including Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL) and VMware (NYSE:VMW). In a research note, Thill said that the moves were being made to ...

Investors bailed out of tech and growth stocks even as tech insiders added more. Insider buying on the XLK ETF has surged to the highest in the last ten years. We discuss why the bottoming in tech and growth stocks could be forming. Subsequently, we believe the outperformance in growt...

REDWOOD CITY, Calif., May 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 first quarter ended April 30, 2022 after market close on Thurs...

REDWOOD CITY, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (Nasdaq: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced that it has appointed John D. Harkey, Jr. to its Board of Directors, effective immediately. With this additi...

REDWOOD CITY, Calif., May 02, 2022 (GLOBE NEWSWIRE) -- Sumo Logic, (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced the appointment of Tej Redkar to the newly formed position of Chief Product Officer and Sophie Kitson as Ch...

REDWOOD CITY, Calif., April 21, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced a new open source offering, the Sensu Integration Catalog . Available today on GitHub, the Integra...

Update 9:42am: Updates shares, adds Piper Sandler comment on other potential takeout candidates. Private equity firm Thoma Bravo's Monday announcement that it was acquiring cyber security firm SailPoint Technologies (NYSE:SAIL) for $65.25 per share in cash is an event that could lead to other...

The Invesco QQQ ETF has recovered remarkably from its recent bottom. However, we think the NASDAQ would begin consolidating at the current levels for a while. We discuss how investors should think about allocating exposure between predictable growth and speculative growth stocks. ...