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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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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SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today introduced its Sustainable Fleet Management solution. This evolution of Samsara's existing fuel efficiency and electric vehicle (EV) offerings is designed to empower customers with additional data-driven insights so they can reduce emissions, jumpstart electrification, and meet their sustainability goals.

Samsara Launches Sustainable Fleet Management Solution to Help Customers Advance Toward Sustainability Goals

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March 2023 was a volatile month for the capital markets, with the failure of three U.S.

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Goldman Sachs upgraded Samsara to buy — arguing it can grow faster than 20% for a long time.

Buy Samsara After It Tops Views With 42% ARR Growth And Strong Guidance

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced it has been named a CIO 100 Award winner. For more than 30 years, the CIO 100 Awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.

Samsara Named 2023 CIO 100 Award Winner

A look at the stock symbol of Samsara, Inc. (NYSE: IOT) defines what the company does, internet-of-things (IOT). The IoT comprises a network of connected devices that can be accessed remotely and communicate with each other, providing and transforming real-time and robust data.

Samsara is an IoT, Big Data, and AI Triple Threat

LONDON--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced a new partnership with UK-based fleet safety solutions provider, Motormax to provide new levels of fleet vehicle safety.

Samsara and Motormax Announce Powerful Industry Partnership to Deliver Life-Saving Fleet Vehicle Safety System

After hitting it big with Meraki, Sanjit Bitwas and John Bicket cofounded Samsara, which now has a market valuation over $10 billion. The post How Meraki Co-Founders Hit The Jackpot Again With Samsara appeared first on Investor's Business Daily.

How Meraki Co-Founders Hit The Jackpot Again With Samsara

Stanley Druckenmiller Loads Up on Meta and Samsara in 4th Quarter

Samsara Inc. (NYSE:IOT ) Q4 2023 Earnings Conference Call March 2, 2023 5:00 PM ET Company Participants Mike Chang - Vice President, Corporate Development and Investor Relations Sanjit Biswas - Co-Founder and Chief Executive Officer Dominic Phillips - Chief Financial Officer Conference Call Participants Sterling Auty - MoffettNathanson Keith Weiss - Morgan Stanley Alex Zukin - Wolfe Research Matt Pfau - William Blair Derrick Wood - TD Cowen Matt Hedberg - RBC Kash Rangan - Goldman Sachs Peter Burkly - Evercore Alexei Gogolev - JPMorgan Dan Jester - BMO Mike Chang Good afternoon and welcome to Samsara's Fourth Quarter Fiscal 2023 Earnings Call. I am Mike Chang, Samsara's Vice President of Corporate Development and Investor Relations.

Samsara Inc. (IOT) Q4 2023 Earnings Call Transcript

Samsara Inc. (IOT) delivered earnings and revenue surprises of 60% and 8%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Samsara Inc. (IOT) Reports Q4 Loss, Tops Revenue Estimates

Samsara earnings and revenue for the January quarter topped Wall Street targets. The company's revenue outlook also came in above views.

Samsara Earnings Top Estimates, Revenue Outlook Above Views

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT) today announced that the Samsara Connected Operations™ Cloud was selected by Estes Express Lines, the largest privately-owned freight carrier in North America. Estes leverages Samsara to provide exceptional customer and employee experiences while improving the safety, efficiency, and sustainability of its operations. Estes has delivered responsive freight solutions for nearly a century.

Estes Express Lines Selects Samsara's Connected Operations Cloud to Strengthen its Customer and Employee Experience

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations Cloud, reported financial results for the fourth quarter and fiscal year ended January 28, 2023, and released a shareholder letter accessible from the Samsara investor relations website at investors.samsara.com. “It's been an exciting year of delivering on our mission to increase the safety, efficiency, and sustainability of the operations that power the global economy.

Samsara Reports Fourth Quarter and Full Fiscal Year 2023 Financial Results

Nutrien

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT) today announced that the Samsara Connected Operations™ Cloud was selected by Nutrien Ag Solutions, the world's largest agriculture inputs and services providers. Nutrien Ag Solutions leverages Samsara's Video-Based Safety and Vehicle Telematics solutions to increase the safety, efficiency, and sustainability of its operations. Nutrien Ag Solutions is the retail business of Nutrien Ltd.

Nutrien Ag Solutions Grows Commitment to Safety and Sustainability with Samsara's Connected Operations Cloud

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations Cloud, today announced that its management will present at the following upcoming investor conference: Morgan Stanley Technology, Media & Telecom Conference Date: Monday, March 6, 2023 Time: 9:50 a.m. Pacific time (12:50 p.m.

Samsara to Present at Morgan Stanley Technology, Media & Telecom Conference

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 fourth quarter and fiscal year 2023, which ended January 28, 2023, after the U.S. market closes on Thursday, March 2, 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.

Samsara To Announce Fourth Quarter And Fiscal Year 2023 Financial Results On March 2, 2023

Samsara is the leading software vendor in providing solutions to manage physical assets-primarily trucks. Its technology is based on the effective use of IoT, AI and Big Data.

Samsara: Utilizing IoT And AI To Optimize The Operation Of Physical Assets

Werner Enterprises

SAN FRANCISCO--( BUSINESS WIRE )--Samsara Inc. ("Samsara") (NYSE: IOT) today announced that the Samsara Connected Operations Cloud was selected by Werner Enterprises (Nasdaq: WERN), one of the nation's largest transportation and logistics companies. Werner leverages Samsara to improve the safety and experience of drivers across its fleet and reduce costs.

Werner Enterprises Selects Samsara's Connected Operations Cloud to Strengthen Safety and Driver Experience

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ALBUQUERQUE, N.M. , Dec. 8, 2022 /PRNewswire/ -- Rinchem today announced that it has chosen Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations Cloud, to help strengthen the safety of its operations.

Rinchem Adopts Video-Based Safety Solution for Mobile Fleet

An analyst at RBC says Samsara's beat-and-raise quarter displayed the 'durability of its end-markets and model.'

Samsara Stock Is Having Its Best Day on Record. Here's Why.

Shares of Samsara Inc. surged toward their best day on record Friday after the maker of internet-of-things technologies topped expectations with its latest results and outlook, soothing macroeconomic fears.

Samsara stock soars toward best day on record after earnings top estimates

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Samsara Inc. (NYSE:IOT ) Q3 2023 Earnings Conference Call December 1, 2022 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 - Chief Financial Officer Conference Call Participants Bob Wang - Morgan Stanley Sterling Auty - MoffettNathanson Alex Zukin - Wolfe Matt Pfau - William Blair Peter Burkly - Evercore ISI Derrick Wood - Cowen Matt Swanson - RBC Mike Chang And welcome to Samsara's Third Quarter Fiscal 2023 Earnings Call. I'm Mike Chang, Samsara's Vice President of Corporate Development and Investor Relations.

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