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Samsara Inc - IOT STOCK NEWS

Welcome to our dedicated page for Samsara news (Ticker: IOT), a resource for investors and traders seeking the latest updates and insights on Samsara stock.

Samsara Inc (NYSE: IOT) delivers IoT-powered solutions that transform physical operations through its Connected Operations Cloud. This dedicated news hub provides investors and industry professionals with centralized access to official announcements, financial disclosures, and strategic developments from the telematics innovator.

Key resources include: earnings reports, product launch details, executive leadership updates, and partnership announcements. Track the company's progress in fleet management technology, video-based safety systems, and industrial IoT applications through verified primary sources.

Our curated collection ensures timely access to material developments affecting Samsara's market position in connected logistics and transportation technologies. Users gain insights into operational milestones, technology patents, and sustainability initiatives driving the digital transformation of physical operations.

For consistent updates on IoT innovations impacting global supply chains and industrial efficiency, bookmark this page and check regularly for new filings. Subscribe to alerts for immediate notification of material news affecting Samsara's performance and industry leadership.

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Samsara reported its Q1 FY2025 results, showcasing strong financial performance. The company achieved a 37% year-over-year increase in revenue, reaching $280.7 million, and an annual recurring revenue (ARR) of $1.176 billion, also up 37%. The number of customers with ARR over $100,000 increased by 43%. GAAP gross profit rose to $212.1 million with a 76% margin, while non-GAAP gross profit was $215.9 million with a 77% margin. The GAAP operating loss decreased from $75.8 million to $66 million, and the GAAP net loss per share improved from $0.13 to $0.10. Non-GAAP operating income reached $6.2 million, reversing a previous loss of $19.0 million. The company provided Q2 FY2025 revenue guidance of $288-290 million and full-year revenue guidance of $1.205-1.213 billion, with expected year-over-year growth of 29%.

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Samsara (NYSE: IOT) has released its 2024 Impact Report, highlighting new initiatives to reduce its carbon footprint. The report emphasizes transparency, data-driven solutions, and community empowerment as guiding principles.

Samsara is enhancing its sustainability efforts by supporting carbon removal technologies through organizations like Frontier and the Sustainable Aviation Buyers Alliance (SABA). Initial investments in sustainable aviation fuel (SAF) certificates aim to offset 1,600 metric tons of CO2 emissions.

The report also details partnerships with customers to prevent over 200,000 crashes and save 3 billion pounds of CO2 emissions. Samsara is improving its supply chain with recycled materials and reducing single-use plastics in packaging.

The company has been recognized for fostering an inclusive work environment and upholding robust privacy and ethics standards, including four ISO certifications. Samsara's efforts also extend to community support through its giving arm, Samsara for Good.

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Samsara Inc. (NYSE: IOT) will announce its financial results for the first quarter of fiscal year 2025 on June 6, 2024, after the U.S. market closes. A live webcast to discuss the results will be held at 2:00 p.m. Pacific time. The press release will be available on the Samsara investor relations website.

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JJX Logistics implements AI solutions from Samsara to reduce fleet emissions by 17% and achieve industry safety accreditation, improving overall safety and sustainability. The company gains TAPA Trucking Security Requirements Level 1 approval, enhancing driver and cargo security. Samsara's technology enables real-time fleet visibility, monitoring, and fuel efficiency improvements, resulting in a significant reduction in vehicle emissions and fuel consumption.
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United Natural Foods, Inc. (UNFI) partners with Samsara to enhance fleet safety and sustainability. UNFI adopts Samsara's technology to reduce emissions, improve efficiency, and achieve zero waste to landfills by 2030. The collaboration aims to make UNFI's operations more sustainable and customer-centric.
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MapUp introduces TollTally, a real-time toll billing solution integrated with Samsara, offering automated toll management and reimbursement for fleet operators. The collaboration aims to enhance operational efficiency, minimize administrative tasks, and provide up-to-the-minute toll cost data.
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Samsara, a leading global workplace, celebrates its 2024 Great Place To Work certifications in the United States, United Kingdom, and Poland, highlighting its commitment to fostering an exceptional workplace culture.
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Samsara Inc. (IOT) announces the opening of a new office in Mexico City and plans to double its employee count in Mexico by the end of the year. Five of the top 10 trucking companies in Mexico are now Samsara customers, showcasing rapid growth and strong ROI in the region.
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Samsara Inc. (NYSE: IOT) has been recognized as one of the UK's Best Workplaces™ 2024, ranking 14th in the medium size company category. The company's positive workplace culture is highlighted by high employee satisfaction rates, with 98% feeling fairly treated, 96% proud to work there, and 94% able to be themselves at work. Samsara offers inclusive benefits, competitive pay, and continuous employee feedback to create a purpose-driven environment. Great Place To Work® commends Samsara for fostering trust, pride, and camaraderie among employees.
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Samsara Inc. (NYSE: IOT) announces new enhancements to strengthen data security and privacy, achieving four industry-leading ISO certifications. The company integrates Trust Services Criteria into its SOC 2 scope, emphasizing customer data protection and security.
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Samsara Inc

NYSE:IOT

IOT Rankings

IOT Stock Data

21.36B
289.48M
3.62%
90.82%
1.86%
Software - Infrastructure
Services-computer Integrated Systems Design
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United States
SAN FRANCISCO