Samsara IOT reported its Q1 earnings results on Thursday, June 1, 2023 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
Samsara beat estimated earnings by 60.0%, reporting an EPS of $-0.02 versus an estimate of $-0.05.
Revenue was up $61.67 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 15.4% increase in the share price the next day.
Here's a look at Samsara's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.06 | -0.07 | -0.08 |
| EPS Actual | -0.02 | -0.02 | -0.04 | -0.05 |
| Revenue Estimate | 171.63M | 155.35M | 143.00M | 130.49M |
| Revenue Actual | 186.58M | 169.80M | 153.52M | 142.65M |
To track all earnings releases for Samsara visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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