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Samsara Inc.

IOT

Samsara jumped 13.1% to $31.15 after the IoT company reported quarterly results.

Revenue in the third quarter ending in October rose 40% to $237.5 million from $169.8 million, net loss shrank to $45.5 million from $58.6 million, and diluted loss per share eased to 8 cents from 11 cents a year ago.

The company forecasted revenue in the fourth quarter to fall between $257 million and $259 million and for the full-year 2024 to range between $918 million and $920 million.

Revenue in the fourth quarter is expected to rise between 38% and 39%, and in the full-year advance, 41% from a year ago.
Dec 1, 2023

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Year	Q1	Q2	Q3	Q4	Annual

2023	-0.10	-0.13	-0.11	-0.08	-
2022	-0.68	-0.14	-0.13	-0.11	-0.48
2021	-	-0.16	-0.13	-0.13	-1.28
2020	-	-	-	-	-0.92