Published on 8 Mar 2023 on Zacks via Yahoo Finance
Sumo Logic, Inc. (SUMO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.04, delivering a surprise of 73.33%.