Reported about 5 hours ago
Samsara's stock surged over 15% following the announcement of better-than-expected second-quarter earnings, where adjusted EPS reached $0.12 and revenues rose 30% to $391.5 million. The company credits its success to a 31% year-over-year increase in customers with over $100,000 in annual recurring revenue and is raising its full-year earnings and revenue guidance, reflecting strong demand for its Internet of Things platform.
Source: YAHOO