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Samsara Inc. (NYSE:IOT) stock is trading higher Friday after the company reported better-than-expected 2025 fiscal year second quarter financial results and raised its fiscal year guidance.
What To Know: Samsara reported adjusted EPS of 5 cents, beating analysts estimate of 1 cent.
Revenue: Revenue grew 27% year over year to $300.20 million, beating analysts estimate of $289.54 million.
ARR: The company ended the quarter with Annual Recurring Revenue of $1.264 billion, a 36% year-over-year growth.
Guidance: Samsara also issued guidance for the third quarter and raised its 2025 fiscal year guidance.
Analyst Changes: Following the earnings report, multiple analysts issued price target changes.
IOT Price Action: Samsara Inc. (NYSE:IOT) shares are moving 15.8% higher at $44.87, according to data from Benzinga Pro.
Image: Courtesy of Samsara
Posted In: IOT