Samsara Expects Q3 Total Revenue Of $309M – $311M, Adj EPS Of $0.03 – $0.04; Implied Q4 Outlook: $334M – $336M Revenue, $0.06 – $0.07 Adj EPS
Portfolio Pulse from Benzinga Newsdesk
Samsara has announced its expected Q3 total revenue to be between $309M and $311M, with an adjusted EPS of $0.03 to $0.04. The implied Q4 outlook suggests revenue of $334M to $336M and an adjusted EPS of $0.06 to $0.07.
September 05, 2024 | 8:19 pm
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POSITIVE IMPACT
Samsara's projected Q3 revenue and EPS are in line with expectations, with a positive outlook for Q4. This suggests stable growth and potential investor confidence.
The revenue and EPS projections for Q3 and Q4 indicate stable growth for Samsara. The positive outlook for Q4, with higher revenue and EPS, suggests potential for increased investor confidence and a likely positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100