Samsara CEO Says 4Q Outlook is Conservative -- Market Talk

Dow Jones12-07

1858 ET - Samsara posted higher-than-expected revenue and profit in its fiscal 3Q, but its shares have slipped in recent trading as its outlook failed to impress investors. "The fourth quarter is a big enterprise quarter for us," CEO Sanjit Biswas says in an interview, "that makes it lumpy and a little harder to predict." Unpredictability, combined with volatility leading up to and after last month's election, led the company to issue a conservative 4Q outlook, he says. Biswas adds that he isn't immediately concerned by the lower stock price, given the company's recent AI launches and future plans. "We just try to stay focused on the business." Shares end Friday's regular session 5.2% lower, at $52.27. (connor.hart@wsj.com)

(END) Dow Jones Newswires

December 06, 2024 18:58 ET (23:58 GMT)

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Biswas adds that he isn't immediately concerned by the lower stock price, given the company's recent AI launches and future plans. \"We just try to stay focused on the business.\" Shares end Friday's regular session 5.2% lower, at $52.27. (connor.hart@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 06, 2024 18:58 ET (23:58 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Samsara CEO Says 4Q Outlook is Conservative -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSamsara CEO Says 4Q Outlook is Conservative -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-07 07:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1858 ET - Samsara posted higher-than-expected revenue and profit in its fiscal 3Q, but its shares have slipped in recent trading as its outlook failed to impress investors. \"The fourth quarter is a ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2489831295","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489831295","pubTimestamp":1733529480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1858 ET - Samsara posted higher-than-expected revenue and profit in its fiscal 3Q, but its shares have slipped in recent trading as its outlook failed to impress investors. \"The fourth quarter is a big enterprise quarter for us,\" CEO Sanjit Biswas says in an interview, \"that makes it lumpy and a little harder to predict.\" Unpredictability, combined with volatility leading up to and after last month's election, led the company to issue a conservative 4Q outlook, he says. Biswas adds that he isn't immediately concerned by the lower stock price, given the company's recent AI launches and future plans. \"We just try to stay focused on the business.\" Shares end Friday's regular session 5.2% lower, at $52.27. 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Biswas adds that he isn't immediately concerned by the lower stock price, given the company's recent AI launches and future plans. \"We just try to stay focused on the business.\" Shares end Friday's regular session 5.2% lower, at $52.27. 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