Samsara (IOT)
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IOT's Q2 Earnings Beat Estimates: Will Higher '25 View Lift Shares?
ZACKS· 2024-09-06 16:46
Samsara (IOT) reported non-GAAP earnings of 5 cents per share in second-quarter fiscal 2025, beating the Zacks Consensus Estimate of 4 cents. The company registered earnings of 1 cents per share in the year-ago quarter. Revenues came in at $300 million, up 37% year over year. The figure beat the Zacks Consensus Estimate by 3.75%. IOT's shares have gained 16.1% compared with the Zacks Computer and Technology sector's rise of 15.5% in the year-to-date period. Considering impressive fiscal second-quarter perfo ...
Why Samsara Stock Is Soaring Today
The Motley Fool· 2024-09-06 15:27
Samsara just gave robotics investors a lot to be excited about. Samsara (IOT 15.04%) stock is making big gains Friday. The robotics specialist's share price was up 13.8% as of 11 a.m. ET, according to data from S&P Global Market Intelligence. After the market closed yesterday, Samsara published results for the second quarter of its 2025 fiscal year (which ended Aug. 3). The company posted better-than-expected sales and earnings in the period, and it also issued encouraging forward guidance. Samsara sails pa ...
Samsara Stock Nabs Record High After Top-Line Beat
Schaeffers Investment Research· 2024-09-06 14:07
Samsara Inc (NYSE:IOT), one of Schaeffer's Top Stock Picks of 2024, is on the move today. The shares are up 15.2% to trade at $44.65, after the Internet-of-Things (IoT) name reported a second-quarter earnings and revenue beat. Additionally, the company issued an impressive full-year forecast. At least eight analysts lifted their price targets in response, the highest coming from RBC to $49 from $47. IOT earlier roared to a record high of $45.19. The shares are up more than 30% so far in 2024, bouncing off s ...
These Analysts Raise Their Forecasts On Samsara After Strong Q2 Results
Benzinga· 2024-09-06 13:17
Samsara Inc. IOT reported better-than-expected second-quarter financial results and raised its FY25 guidance on Thursday. Samsara Inchas a consensus price target of $29.41based on the ratings of 17 analysts. The Ingl ns $49 issued by RBC Capital on September 6, 2024. The low is $30 issued pri Samsara reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $300.20 million which beat the analyst consensus estimate ...
Samsara (IOT) - 2025 Q2 - Earnings Call Transcript
2024-09-06 00:03
Samsara Inc. (NYSE:IOT) Q2 2025 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Mike Chang - Vice President, Corporate Development and Investor Relations Sanjit Biswas - Chief Executive Officer and Co-Founder Dominic Phillips - Chief Financial Officer Conference Call Participants Kash Rangan - Goldman Sachs Alex Zukin - Wolfe Research Chris Quintero - Morgan Stanley Kirk Materne - Evercore Matthew Hedberg - RBC Capital Markets James Fish - Piper Sandler Michael Turrin - Wells Farg ...
Samsara Inc. (IOT) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-09-05 22:20
Samsara Inc. (IOT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 400%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.03, delivering a surprise of 200%. Over the last four quarters, the company has sur ...
Samsara (IOT) - 2025 Q2 - Quarterly Results
2024-09-05 20:10
Exhibit 99.1 Samsara Reports Second Quarter Fiscal Year 2025 Financial Results • Q2 revenue of $300.2 million, representing 37% year-over-year growth • Ending ARR of $1.264 billion, representing 36% year-over-year growth • 2,133 customers with ARR over $100,000, up 41% year-over-year SAN FRANCISCO, September 5, 2024 — Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations Cloud, reported financial results for the second quarter ended August 3, 2024, and released a shareholder letter accessible fr ...
Samsara to Post Q2 Earnings: Should You Buy or Steer Clear?
ZACKS· 2024-09-03 16:36
Samsara (IOT) is scheduled to report second-quarter fiscal 2025 results on Sept. 5. For the fiscal second quarter, Samsara expects revenues in the range of $288-$290 million, suggesting 31-32% year-over-year growth. The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $289.35 million, indicating a rise of 31.97% from the figure reported in the year-ago quarter. The consensus estimate for fiscal second-quarter earnings is pegged at 1 cent per share, unchanged in the past 30 days. IOT' ...
Samsara Inc. (IOT) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-08-20 23:15
The most recent trading session ended with Samsara Inc. (IOT) standing at $40.72, reflecting a +0.94% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.2% loss on the day. On the other hand, the Dow registered a loss of 0.15%, and the technology-centric Nasdaq decreased by 0.34%. Shares of the company have appreciated by 8.67% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.96% and the S&P 500's gain of 1.93%. Investors will ...
Samsara Inc. (IOT) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-08-14 23:17
In the latest market close, Samsara Inc. (IOT) reached $39.74, with a -0.23% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 0.03%. Shares of the company have appreciated by 4.1% over the course of the past month, outperforming the Computer and Technology sector's loss of 7.5% and the S&P 500's loss of 3.2%. The investment community will be paying close attenti ...