Investing.com - Sumo Logic reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sumo Logic announced earnings per share of $-0.04 on revenue of $79M. Analysts polled by Investing.com anticipated EPS of $-0.15 on revenue of $74.21M.
Sumo Logic shares are down 46% from the beginning of the year and are trading at $8.03 , down-from-52-week-high.
Sumo Logic shares gained 11.37% in after-hours trade the report.
Sumo Logic follows other major Information Technology sector earnings this month
Sumo Logic's report follows an earnings missed by NVIDIA on November 16, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on November 16 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar