Samsara Boosts Guidance After Swinging to 3Q Profit

Dow Jones12-05 05:32

By Katherine Hamilton

 

Samsara raised its outlook for the year after swinging to a profit and recording a jump in sales during the third quarter.

The safety software company on Thursday raised its full-year outlook to about $1.60 billion, up from a previous range of $1.57 billion to $1.58 billion. It now expects adjusted earnings per share will be 50 cents to 51 cents, up from 45 cents to 47 cents.

Samsara posted a profit of $7.8 million, or 1 cents a share, in the quarter ended in early November, compared with a loss of $37.8 million, or 7 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 15 cents, ahead of the 12 cents anticipated by analysts, according to FactSet.

Revenue rose 29% to $416.0 million. Analysts surveyed by FactSet forecast revenue of $399.3 million.

In the current fourth quarter, Samsara expects revenue to be $421 million to $423 million, with adjusted earnings per share of 12 cents to 13 cents. Wall Street is projecting $419 million in sales with 12 cents a share in adjusted earnings.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

December 04, 2025 16:32 ET (21:32 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment