earnings
confidence high
sentiment positive
materiality 0.85
Samsara Q2 FY2024 revenue $219.3M (+43% YoY); ARR $930M (+40% YoY); first adjusted FCF positive quarter
Samsara Inc.
2024-Q2 EPS reported
-$0.24
revenue$423,577,000
- Revenue $219.3M, up 43% YoY; ARR $930M, up 40% YoY; 1,515 customers with ARR >$100K (up 53% YoY).
- GAAP operating loss narrowed to $69.8M from $65.8M; non-GAAP operating loss $5.9M vs $20.2M last year.
- Non-GAAP EPS $0.01, turning positive from ($0.04) a year ago; GAAP net loss per share ($0.11) vs ($0.13).
- Adjusted free cash flow $4.7M, first positive quarter; operating cash flow $7.7M vs ($37.0M) prior year.
- GAAP gross margin 73% (+2pts); non-GAAP gross margin 75% (+2pts).