Sumo Logic reports Q3 EPS (4c), consensus (15c)

Reports Q3 revenue $78.95M, consensus $74.14M. Annual recurring revenue, or ARR, was $298.9M. "We delivered revenue growth of 27% year-over-year in the third quarter while also driving better operating efficiencies, and will continue to emphasize efficient growth as we drive towards future cash flow break even and profitability," said Ramin Sayar, president and CEO of Sumo Logic. "Our unified cloud-native platform for reliability and security continues to resonate with our customers and industry analysts as more customers are seeking to provide best in class digital experiences to their end users."