Samsara Expects Q2 Total Revenue Of $206M-$208M (Consensus $201.16M), Non-GAAP EPS Of $(0.03)-$(0.02) (Consensus $(0.03))
Portfolio Pulse from Benzinga Newsdesk
Samsara expects Q2 total revenue of $206M-$208M, surpassing the consensus estimate of $201.16M. The company also anticipates non-GAAP EPS of $(0.03)-$(0.02), in line with the consensus of $(0.03).
June 01, 2023 | 8:24 pm
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Samsara's Q2 revenue forecast of $206M-$208M beats consensus estimates, potentially benefiting IOT-related stocks.
Samsara's better-than-expected Q2 revenue forecast may have a positive impact on IOT-related stocks, as it indicates strong demand for IOT products and services. This could lead to increased investor interest in the sector, driving up stock prices.
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