
Samsara, an Internet of Things (IoT) company, reported its earnings, surpassing analysts' expectations with a revenue of $276.3 million against the estimated $258.31 million, marking a year-over-year increase of 48%. Earnings per share (EPS) were reported at $0.04, exceeding the forecast of $0.03. The company's stock experienced a 12% increase following the announcement. For the first quarter of 2025, Samsara provided guidance with an EPS ranging from $0.00 to $0.01, compared to the estimated ($0.01), and revenue projections between $271 million to $273 million, against the expected $266.8 million. Full-year 2025 guidance anticipates an EPS of $0.11 to $0.13 and revenue between $1.186 billion to $1.196 billion, compared to the estimated $1.18 billion. Additionally, Samsara highlighted significant growth in its annual recurring revenue (ARR) by 39% and a 49% increase in $100k+ ARR customers year-over-year, alongside improvements in gross margin, operating margin, and free cash flow margin.

$IOT big b/o backed by good numbers EPS $0.04 vs $0.03 Rev $276.3M vs $258.31M (YoY +48%) https://t.co/zdDafYrQO9
IoT asset tracking provider Samsara reports big jump in revenue, and its stock jumps too https://t.co/sKG196SvDx
Samsara $IOT Q4 FY2024 Earnings Highlight: Solid revenue growth: FY24 ARR growth was 39% $100k+ ARR customers grew by 49% Y/Y What's more impressive is the improvement in Gross Margin, Operating Margin, and Free Cash Flow Margin Profitability is key https://t.co/VDU9YS5XgM