Sumo Logic Inc. (SUMO) Tops Q3 EPS by 11c, Offers Guidance

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Sumo Logic Announces Third Quarter Fiscal 2023 Financial Results

December 5, 2022 4:02 PM EST

Third quarter revenue grew 27% year over year to $79.0 millionThird 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 reliable and secure cloud-native applications, today announced financial results for the third quarter of its fiscal 2023 ended October 31, 2022.

We delivered revenue growth of 27% year-over-year in the third quarter while also driving better operating efficiencies, and will continue to... More