Why Samsara Shares Are Trading Higher Today
Portfolio Pulse from Lekha Gupta
Samsara Inc (NYSE:IOT) reported Q1 FY24 revenue growth of 43% Y/Y to $204.3 million, beating consensus estimates. The company raised its FY24 revenue outlook and saw its shares trading higher by 15.5% in the premarket.
June 02, 2023 | 9:40 am
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Samsara Inc's Q1 FY24 revenue beat estimates and the company raised its FY24 outlook, leading to a 15.5% increase in premarket trading.
Samsara Inc reported a 43% Y/Y revenue growth, beating consensus estimates. The company also raised its FY24 revenue outlook, which positively impacted the stock price, leading to a 15.5% increase in premarket trading.
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