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)
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