Samsara

Samsara, Inc. develops Internet connected sensor systems. It combines plug-and-play sensors, wireless connectivity, and cloud-hosted software integrated for deployment. The company was founded by John Bicket and Sanjit Biswas in 2015 and is headquartered in San Francisco, CA.

Earnings data Q4 2021

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Earnings data Q4 2023

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Earnings data Q3 2024

Samsara reports robust Q1 performance, focuses on digital transformation and ESG goals

Samsara's Q1 performance showcased strong growth in ARR and revenue, driven by a record number of new large customers. The company's focus on digital transformation and ESG goals presents opportunities for further expansion. While the hiring environment remains favorable, the company anticipates a lower growth rate in headcount compared to the previous year.

Samsara reports strong Q2 performance and raises full-year revenue guidance

Samsara's Q2 performance showcased strong growth in ARR and revenue, with a focus on investing in sales capacity and achieving positive free cash flow. While the company faces challenges with upcoming product releases and privacy concerns, it has opportunities for growth through new product introductions and momentum in state and local markets.

Samsara surpasses $1 billion in ARR, raises FY '24 revenue guidance

Samsara's Q3 2024 Earnings Call showcased strong financial performance, with a focus on surpassing $1 billion in ARR and positive non-GAAP operating profit. The company emphasized its impact on customers' operations and ROI, while also highlighting opportunities for international market scaling and product expansion.

Samsara excels in Q4 2023, eyes public sector growth

Samsara delivered strong financial performance in Q4 2023, showcasing robust growth and achieving key milestones in revenue and free cash flow margin.
The company's platform, renewal success, and competitive differentiation position it well for continued success, despite facing challenges in achieving free cash flow breakeven.
Opportunities in the public sector, API integrations, and gross margin optimization provide avenues for future growth and business leverage for Samsara.

Samsara excels in Q1, eyes international expansion and profitability

Samsara's Q1 success is underscored by strong financial metrics, customer additions, and leadership transitions. The company's strategic focus on AI, ESG, and operational efficiency positions it well for future growth and profitability.

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IOT stock gapped up 26% on earnings and is at an all time high which is also a new buy point. Samsara offers AI and cloud tools for connected devices.

AI Play Offers Entry Right After 26% Gain On A Single Day

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SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it has joined the California Bureau of Automotive Repair's (BAR) Continuous Testing Program (CTP) pilot, a program designed to help alleviate the effort of in-person smog testing for public sector fleets in California. As part of this program, emissions and diagnostic data from Samsara can now be integrated with the California BAR to automate the smog report.

Samsara Joins California Bureau of Automotive Repair's Continuous Testing Program Pilot to Streamline Smog Checks for Public Sector Fleets

LONDON--(BUSINESS WIRE)--International haulage firm Roelofs Transport has been working with Samsara, the pioneer of the Connected Operations™ Cloud, to digitise its operations as it continues to grow. By implementing Samsara's Dual-Facing AI-powered dash cams, Mobile Experience Management and Fleet Telematics, Roelofs Transport has real-time visibility into its operations and is managing its fleet more safely and efficiently. Roelofs Transport has evolved over the past three decades from a fami.

Roelofs Transport Sees a 60% Reduction in Non-Fault Claims With Samsara's Real-Time AI-Powered Solutions

The company specializes in the Connected Operations Cloud, a system that helps businesses implement Internet of Things (IoT) data for business insights and operations improvements.

Samsara's big rally: 27% surge following stellar Q3 earnings

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Samsara (IOT) is benefiting from an expanding clientele and strong partner base that now includes the likes of New Orleans City.

Samsara (IOT) Benefits From Expanding Clientele, Partner Base

Samsara's (IOT) fiscal third-quarter performance benefits from expanding its customer base.

Samsara's (IOT) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Samsara Inc. (NYSE:IOT ) Q3 2024 Earnings Conference Call November 30, 2023 5:00 PM ET Company Participants Mike Chang - Vice President of Corporate Development and Investor Relations Sanjit Biswas - Co-Founder and Chief Executive Officer Dominic Phillips - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Turrin - Wells Fargo Securities, LLC Matthew Hedberg - RBC Capital Markets Chris Quintero - Morgan Stanley Kasthuri Rangan - Goldman Sachs Group, Inc. Derrick Wood - TD Cowen Alex Zukin - Wolfe Research Matthew Pfau - William Blair & Company, LLC Daniel Jester - BMO Capital Markets Junaid Siddiqui - Truist Securities, Inc. Kirk Materne - Evercore ISI Mike Chang Good afternoon, and welcome to Samsara's Third Quarter Fiscal 2024 Earnings Call. I'm Mike Chang, Samsara's Vice President of Corporate Development and Investor Relations.

Samsara Inc. (IOT) Q3 2024 Earnings Call Transcript

Samsara reported Q3 earnings and revenue that topped estimates while revenue guidance for IOT stock came in above expectations.

Samsara Earnings Top Estimates, IOT Stock Jumps

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today was recognized by Frost & Sullivan as the 2023 Company of the Year for Commercial Telematics solutions. Frost & Sullivan's Company of the Year award is reserved for companies at the forefront of innovation and growth in their respective industries. Companies that receive this honor have been validated by Frost & Sullivan for innovating and creating new products.

Samsara Earns Frost & Sullivan's 2023 Company of the Year Award

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that the City of New Orleans will use Samsara's technology to improve the safety, efficiency, and sustainability of its operations across 41 departments, including Police, Fire, Public Works, Code Enforcement, Parks and Parkways, Sanitation, and more. The City is investing $75 million in its fleet and views the technology partnership with Samsara as critical for.

City of New Orleans Chooses Samsara's Connected Operations Cloud Across 41 Departments

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations Cloud, reported financial results for the third quarter ended October 28, 2023, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com. “We achieved an important milestone this quarter as we surpassed $1 billion in ARR in just our eighth year of selling,” said Sanjit Biswas, CEO and co-founder of Samsara. “As a strategic partner to the worl.

Samsara Reports Third Quarter Fiscal Year 2024 Financial Results

Software firm Samsara posted a strong third quarter, and raised the outlook. CEO Sanjit Biswas cited a "milestone quarter.

Samsara's Earnings and Guidance Top Estimates

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LONDON--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announces it has become a supporting member of a Brake to help the road safety charity's drive to reduce road injuries, assist people affected by road incidents, and campaign for safer roads for all. The partnership is led by Samsara For Good — a global group of Samsara employees who represent the company's commitment to support the wellbeing of communities and society through social and env.

Samsara Joins Road Safety Charity Brake

MEXICO CITY--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, is excited to announce the launch of a groundbreaking suite of theft prevention and efficiency solutions specifically designed to meet the unique needs of the Mexican transportation and logistics sector. Since entering the Mexico market in 2019, Samsara has been dedicated to understanding the specific needs of the region, and now employs more than 200 workers in Mexico. Samsara is.

Samsara Unveils Innovative Solutions Tailored for Mexico's Thriving Transportation Industry at Expo Transporte 2023 in Guadalajara

Mutual customers will benefit from new automated capabilities and improved maintenance tracking and reporting LEHI, Utah , Nov. 14, 2023 /PRNewswire/ -- Limble , the leading provider of modern computerized maintenance management systems (CMMS), today announced an integration with Samsara , pioneer of the Connected Operations™ Cloud, enabling customers to bring data from their IoT sensors into their CMMS. With this integration, customers across construction, transportation, warehousing, manufacturing, logistics and other industries can automate the creation of preventative maintenance tasks and streamline reporting.

Limble Announces Integration with Samsara to Improve Predictive Maintenance for Fleet Management Teams

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NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Samsara Inc. ("Samsara" or the "Company") (NYSE: IOT).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Samsara Inc. - IOT

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it will release its financial results for the third quarter of fiscal year 2024, which ended October 28, 2023, after the U.S. market closes on Thursday, November 30, 2023. 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. Event: Samsara's Third Quarter Fiscal Year 2024 Financial Results Date:.

Samsara To Announce Third Quarter Fiscal Year 2024 Financial Results On November 30, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced new insight into its U.S. public sector customer growth, as the company continues to expand its customer base across organizations that serve millions of constituents every day. Samsara partners with government and education customers at the state and local levels nationwide to digitize their operations, helping to increase service transparency and sustainability.

City of Houston Selects Samsara's Connected Operations Cloud to Digitize Operations

LONDON--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, has been recognised as an approved supplier on the New Kent County Council Telematics and Associated Services framework agreement. This recognition allows relevant public sector organisations to benefit from Samsara's technology. The new framework is free to use for all UK local government authorities, the NHS and NHS trusts, central government departments, housing associations, third sector organ.

Samsara Recognised as an Approved Supplier on New Public Sector Framework

NEW YORK , Sept. 30, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Samsara Inc. (NYSE: IOT) resulting from allegations that Samsara may have issued materially misleading business information to the investing public.

IOT LOSS ALERT: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Samsara Inc. Investors to Inquire About Securities Class Action Investigation - IOT

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