Recap: Samsara Q1 Earnings

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Samsara IOT reported its Q1 earnings results on Thursday, June 1, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Samsara beat estimated earnings by 60.0%, reporting an EPS of $-0.02 versus an estimate of $-0.05.

Revenue was up $61.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 15.4% increase in the share price the next day.

Here's a look at Samsara's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.05 -0.06 -0.07 -0.08
EPS Actual -0.02 -0.02 -0.04 -0.05
Revenue Estimate 171.63M 155.35M 143.00M 130.49M
Revenue Actual 186.58M 169.80M 153.52M 142.65M

To track all earnings releases for Samsara visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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