earnings
confidence high
sentiment positive
materiality 0.75
Samsara Q3 FY2024 revenue $237.5M (+40% YoY); ARR tops $1B milestone
Samsara Inc.
2024-Q3 EPS reported
-$0.33
revenue$661,111,000
- Ending ARR $1.003B, up 39% YoY; 1,663 customers with ARR >$100k (+49% YoY).
- Non-GAAP operating income $12.7M vs loss $16.6M; non-GAAP EPS $0.04 vs -$0.02.
- GAAP operating loss narrowed to $54.8M from $63.5M; operating margin improved 14 pts to -23%.
- Free cash flow $8.5M vs -$23.2M; adjusted FCF margin 4% vs -9% one year ago.
- Revenue of $237.5M beat prior guidance range of $228–$232M; strong demand in physical operations.