Shares of internet of Things company Samsara (NYSEIOT) fell 14% in the morning session after the company reported weak fourth quarter results: its billings missed, and its full-year revenue guidance only met expectations. On the other hand, Samsara's optimistic full-year EPS guidance blew past analysts' expectations. In addition, its revenue, EPS, and EBITDA outperformed Wall Street's estimates. Overall, this quarter had some key positives. The stock's reaction suggested markets focused on the negative aspect.
The top- and bottom-line results exceeded the high end of the guidance issued in early December, but the topline growth decelerated notably from the previous quarter’s 36% growth.
Internet of Things company Samsara (NYSEIOT) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 25.3% year on year to $346.3 million. On the other hand, next quarter’s revenue guidance of $351 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.11 per share was 55.7% above analysts’ consensus estimates.
The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Samsara Inc. ("Samsara") (NYSEIOT), the pioneer of the Connected Operations® Platform, today revealed new growth figures reflecting the strength of its platform and partnerships with some of the world’s largest and most complex operations. Highlights from Samsara’s Fiscal Year 25 include:
Samsara Inc. (NYSEIOT), the pioneer of the Connected Operations® Platform, reported financial results for the fourth quarter and fiscal year ended February 1, 2025, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com.
Software is eating the world, and virtually no business is left untouched by it. This secular theme has materialized in superior earnings growth and stock price performance for most SaaS companies,
and over the last six months, the industry’s 26.2% return has topped the S&P 500 by 17.2 percentage points.
Samsara Inc. ("Samsara") (NYSEIOT), the pioneer of the Connected Operations® Cloud, today announced the release of its State of Connected Operations Report: Building for the Next Generation: Workforce Trends in Physical Operations. The report includes insights from 1,550 physical operations leaders across seven countries and reveals how their workplaces are transforming to meet the demands of a new generation while creating safer and more efficient organizations. The research finds technology is at the center of their strategy and investments are paying off.
Samsara Inc. ("Samsara") (NYSEIOT), the pioneer of the Connected Operations® Cloud, today revealed its first Super Bowl commercial, which will air during the Big Game on February 9. The 30-second spot captures drivers’ genuine experiences of the vast dangers of the roads, from swerving passenger cars to fleeing wild animals, and how Samsara AI Dash Cams help protect drivers in the moments that matter. Titled, “Hits That Don’t Happen,” the commercial will air in select markets and is available to view here.
Samsara Inc. ("Samsara") (NYSEIOT), the pioneer of the Connected Operations® Cloud, today announced that it will release its financial results for the fourth quarter of fiscal year 2025, which ended February 1, 2025, after the U.S. market closes on Thursday, March 6, 2025. Samsara will host a live webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.
Samsara Inc. ("Samsara") (NYSEIOT), the pioneer of the Connected Operations® Cloud, announced today that thousands of transportation organizations have standardized on Samsara. Transportation leaders recognize Samsara as the solution to their most pressing challenges and are achieving significant value from its platform, including an average of more than $2M in fleet-related benefits per organization annually.
