Samsara's (IOT) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Samsara (IOT) reported non-GAAP earnings of 3 cents per share in first-quarter fiscal 2025, beating the Zacks Consensus Estimate of 2 cents. The company reported a loss of 2 cents in the previous year. Revenues came in at $281 million, up 37% year over year. The figure beat the Zacks Consensus Estimate by 3.02%. Top-Line Details In the fiscal first quarter, Samsara concluded with Annual Recurring Revenues (ARR) of $1.18 billion, up 37% year over year. The upside was driven by strong large customer momentum, ...