Sumo Logic (NASDAQ:SUMO) reported its Q3 earnings results on Monday, December 6, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Sumo Logic beat estimated earnings by 14.29%, reporting an EPS of $-0.12 versus an estimate of $-0.14, which surprised analysts.
Revenue was up $10,148,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 9.49% drop in the share price the next day.
Here’s a look at Sumo Logic’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.12 | -0.12 | -0.24 |
| EPS Actual | -0.11 | -0.11 | -0.07 | -0.06 |
| Revenue Estimate | 56.69M | 53.90M | 52.14M | 49.12M |
| Revenue Actual | 58.84M | 54.22M | 54.15M | 51.87M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
