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Sumo Logic Inc.  (SUMO)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 


The Diminishing Returns have expanded at the Software & Programming company in the May to July 31 2022 period

Sumo Logic Inc. recorded second quarter of 2022 operating shortfall of $-36.579 millions

Published 2022-08-27T17:41:35-04:00
Goran Soko / CSIMarket.com Contributer

podium_By_James38_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Sumo Logic Inc. announced in the May to July 31 2022 surge in Revenues by 25.946 % to $74.11 millions from the corresponding financial reporting period a year prior, but it has increased a loss per share at $-0.31 per share.

In comparison to the prior period surged loss from $-0.30 per share and Revenues advanced by 9.215 % from $67.86 millions.

The company occurs to be happy with the hard work and commitment of the company workforce, they resume to successfully handle adversity and match client need according to schedule, meanwhile maintaining strong net margin.
For the May to July 31 2022 period Sumo Logic Inc. realized net loss of $-35.880 million, higher than $-32.049 million a year ago.


Sumo Logic Inc. is expected to report next financial results on December 06, 2022.


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Other SUMO's Earnings Reports

Sumo Logic reported second quarter 2021 earnings

Sumo Logic reported first quarter 2021 earnings

Sumo Logic reported fourth quarter 2021 earnings

       
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