Samsara Sees FY24 EPS $0.00-$0.02 Vs $(0.02) Est.; Revenue $896M-$900M Vs $872.82M Est.
Portfolio Pulse from Happy Mohamed
Samsara has provided its financial outlook for Q3 and FY 2024. The company expects total revenue of $223 million to $225 million for Q3 and $896 million to $900 million for FY 2024. The year/year growth is expected to be 31% to 33% for Q3 and 37% to 38% for FY 2024. The non-GAAP operating margin is expected to be -2% for Q3 and -3% for FY 2024. The non-GAAP net income per share is expected to be $0.00 to $0.01 for Q3 and $0.00 to $0.02 for FY 2024.
August 31, 2023 | 8:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Samsara's financial outlook for FY 2024 shows expected growth in revenue and non-GAAP net income per share, which could potentially impact the IOT ETF.
Samsara's expected growth in revenue and non-GAAP net income per share for FY 2024 indicates a positive financial outlook for the company. This could potentially lead to an increase in the value of the IOT ETF, which may include Samsara as one of its holdings.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75