Sumo Logic Inc. (SUMO) Tops Q1 EPS by 4c

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Go back to Sumo Logic Inc. (SUMO) Tops Q1 EPS by 4c

Sumo Logic Announces First Quarter Fiscal 2023 Financial Results

May 26, 2022 4:02 PM EDT

First quarter revenue grew 25% year-over-year to $67.9 millionFirst quarter ARR grew 27% year-over-year to $273.3 million

REDWOOD CITY, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, 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... More