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SAN FRANCISCO – Samsara Inc. (NYSE: NYSE:), a supplier of related operations cloud options, reported second-quarter earnings that exceeded analyst estimates, driving its fill up 4.8% in after-hours buying and selling.
The corporate posted adjusted earnings per share of $0.05, beating the analyst consensus of $0.01 by $0.04. Income for the quarter got here in at $300.2 million, surpassing the anticipated $289.53 million and representing a 37% YoY enhance.
Samsara’s ending Annual Recurring Income (ARR) reached $1.264 billion, up 36% YoY. The corporate additionally reported 2,133 prospects with ARR over $100,000, a 41% YoY development.
CEO and co-founder Sanjit Biswas commented, “We achieved one other sturdy quarter of sturdy and environment friendly development at a better scale. As we develop our enterprise, our knowledge asset additionally scales. We’re proud to have achieved an vital firm milestone this quarter—we now gather greater than 10 trillion knowledge factors yearly on the Samsara platform.”
Trying forward, Samsara supplied steering for the third quarter of fiscal 2025. The corporate expects EPS between $0.03 and $0.04, in comparison with the analyst consensus of $0.03. Income is projected to be within the vary of $309-311 million, barely above the consensus estimate of $308.8 million.
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