Samsara Inc. NYSE: IOT is a leading industrial Internet of Things (IoT) provider offering hardware, software, and cloud platforms complete with data analysis tools as a one-stop shop. Samsara caters to a number of industries ranging from construction, logistics, utilities, field services, education, transportation fleet management, and government agencies.
Samsara's (IOT) fiscal first-quarter performance benefits from expanding its customer base.
Samsara (IOT) shares dropped more than 6% in extended trading on Thursday even as the fleet-management software provider reported quarterly results that topped analysts' expectations and lifted its full-year earnings and sales outlooks amid broader adoption of its platform.
Samsara Inc. (NYSE:IOT ) Q1 2025 Earnings Conference Call June 6, 2024 5:00 PM ET Company Participants Mike Chang - Vice President, Corporate Development & Investor Relations Sanjit Biswas - Chief Executive Officer & Co-Founder Dominic Phillips - Chief Financial Officer Conference Call Participants Chris Quintero - Morgan Stanley Alex Zukin - Wolfe Jacob Staffel - Goldman Sachs Daniel Jester - BMO Junaid Siddiqui - Truist James Fish - Piper Sandler Michael Turrin - Wells Fargo Dylan Becker - William Blair Kirk Materne - Evercore Mike Chang Good afternoon, and welcome to Samsara's First Quarter Fiscal 2025 Earnings Call. I'm Mike Chang, Samsara's Vice President of Corporate Development and Investor Relations.
Samsara Inc. (IOT) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.02 per share a year ago.
The company's CEO sees a huge remaining opportunity as many commercial vehicles have no data connection at all.
Samsara Inc. (IOT) concluded the recent trading session at $39.37, signifying a -0.25% move from its prior day's close.
The latest trading day saw Samsara Inc. (IOT) settling at $40.90, representing a +0.69% change from its previous close.