Sumo Logic (SUMO): Mixed Q2 Results Prompt Two Downgrades to Neutral, Shares Fall Over 10%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Sumo Logic Announces Second Quarter Fiscal 2022 Financial Results
September 9, 2021 4:02 PM EDTSecond quarter revenue grew 19% year-over-year to $58.8 millionNamed a Visionary in the 2021 Gartner Magic Quadrant for Security Information and Event Management (SIEM)
REDWOOD CITY, Calif., Sept. 09, 2021 (GLOBE NEWSWIRE) --  Sumo Logic (Nasdaq: SUMO), a pioneer of continuous intelligence, today announced financial results for the second quarter of its fiscal 2022, ended July 31, 2021.
This quarter we saw continued momentum in our business as new and current customers adopt our Continuous Intelligence platform for a broad range of Observability and Security use cases, said Ramin Sayar, president... More
