Samsara Q2 EPS $0.01 Beats $(0.02) Estimate, Sales $219.26M Beat $207.49M Estimate
Portfolio Pulse from Happy Mohamed
Samsara (NYSE:IOT) reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.02) by 150 percent. This is a 125 percent increase over losses of $(0.04) per share from the same period last year. The company also reported quarterly sales of $219.26 million, beating the analyst consensus estimate of $207.49 million by 5.67 percent, a 42.82 percent increase over sales of $153.52 million the same period last year.
August 31, 2023 | 8:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Samsara's Q2 earnings and sales beat estimates, with a 125% YoY increase in earnings and a 42.82% YoY increase in sales.
Samsara's Q2 earnings and sales have significantly exceeded estimates, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100