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Samsara Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Lifts Fiscal 2027 Outlook

MT Newswires Live
Sep 04

Samsara (IOT) reported fiscal Q2 non-GAAP earnings late Thursday of $0.20 per diluted share, up from $0.12 a year earlier.

Analysts polled by FactSet expected $0.16.

Revenue for the quarter ended Aug. 1 rose to $508.4 million from $391.5 million a year earlier.

Analysts expected $483.3 million.

Samsara expects fiscal Q3 non-GAAP EPS of $0.18 to $0.19 on revenue of $514 million to $516 million. Analysts expect $0.18 and $509.7 million, respectively.

The company now expects fiscal 2027 non-GAAP EPS of $0.76 to $0.78 on revenue of $2.043 billion to $2.047 billion. It previously forecasted non-GAAP EPS of $0.70 to $0.72 on revenue of $2.005 billion to $2.013 billion.

Analysts expect $0.72 and $2.01 billion, respectively.

Samsara shares rose 13% in after-hours activity.

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