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Samsara reports Q1 adjusted EPS 11c, consensus 6c

Reports Q1 revenue $366.9M, consensus $351.44M. “We delivered a strong first quarter of the new fiscal year with Q1 revenue of $366.9M, growing 32% year-over-year in constant currency,” said Sanjit Biswas, CEO and co-founder of Samsara (IOT). “In today’s uncertain macro environment, we are partnering with our customers to help them get more out of their labor, resources, and assets. Our AI-powered platform delivers a clear and fast ROI for our customers and improves the safety, efficiency, and sustainability of their operations.”

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