Investing.com – Samsara Inc (NYSE:) shares fell 8.2% in after-hours trading Thursday despite first-quarter results and issued strong guidance.
Earnings per share were $0.03 vs. expected $0.01, and revenue was $280.7 million vs. expected $272.42 million.
Sanjeet Biswas, CEO and co-founder of Samsara, said: “We performed well in the first quarter of the new fiscal year, with Q1 revenue of $280.7 million, an increase of 37% year-on-year, on a year-over-year adjusted basis. revenue growth. as in the last quarter, on a broader scale. As a strategic partner to the world’s leading and most sophisticated brick-and-mortar organizations, we are committed to delivering clear, fast returns on investment for our clients and improving their operations.”
Looking ahead, the company provided guidance for the second quarter and full year 2025.
The company expects second-quarter 2025 earnings per share to range from $0.00 to $0.01, in line with the consensus estimate of $0.01. Revenue is expected to be between $288 million and $290 million, slightly above the consensus estimate of $287.3 million.
Samsara Inc forecast full-year 2025 earnings per share in the range of $0.13 to $0.15, above the consensus estimate of $0.12. The company also forecast its revenue to be in the range of $1.205 billion to $1.213 billion, slightly above the consensus estimate of $1.2 billion.