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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) is a leading provider of the Connected Operations™ Cloud, an innovative platform that connects physical operations data to improve efficiency, safety, and sustainability. Samsara’s core solution integrates data from vehicles, assets, and equipment into a unified data platform, enabling organizations to gain actionable insights and streamline operations.

Headquartered in San Francisco, Samsara serves tens of thousands of customers across North America and Europe, including prominent names in construction, transportation, logistics, manufacturing, retail, field services, and the public sector. The company’s end-to-end solution leverages IoT data to offer unparalleled visibility and control over physical operations.

One of Samsara’s significant achievements is its integration with MapUp’s TollTally, a real-time toll billing solution. This collaboration automates toll billing and reimbursement, enhancing operational efficiency and reducing administrative burdens for fleet operators. TollTally's AI-driven, GPS-based toll tracking ensures accurate toll expenses management, making it a valuable addition to Samsara’s fleet management platform.

Samsara’s Connected Operations™ Cloud has been instrumental in helping organizations improve their operational performance. By consolidating data into a single platform, it provides the necessary insights for safer, more efficient, and sustainable operations. The company continues to innovate and expand its solutions to meet the evolving needs of its diverse customer base.

For more information on Samsara’s solutions and current projects, visit the Samsara website.

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Limble (CMMS) Announces Integration with Samsara for Automated Maintenance and Reporting
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Samsara Inc. (NYSE: IOT) will release its financial results for the third quarter of fiscal year 2024 on November 30, 2023. A live webcast will be held at 2:00 p.m. Pacific time to discuss the results. The press release will be available on the Samsara investor relations website.
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Samsara Inc. announces new insight into its U.S. public sector customer growth as it continues to expand its customer base. Samsara partners with government and education customers to digitize their operations and increase service transparency and sustainability. The City of Houston is one such customer that chose to digitize its operations with Samsara's Connected Operations Cloud.
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Samsara Inc. recognized as approved supplier on New Kent County Council Telematics and Associated Services framework agreement.
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M Group Services Plant & Fleet Solutions partners with Samsara and Motormax to enhance safety with in-vehicle systems, including 360-degree cameras and alerts for overloaded vehicles or incorrect stowage. The collaboration aligns with safety regulations and aims to minimize road traffic incidents. The initiative demonstrates a commitment to safety and has potential positive impacts on fleet safety and efficiency.
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Spruce Point Capital Management reveals concerns over Samsara's accounting policies, potential revenue risks, and competitive position, estimating a 45% to 75% long-term downside risk to stock price.
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Samsara Inc. reports Q2 revenue of $219.3 million, representing 43% YoY growth. Ending ARR of $930.0 million, representing 40% YoY growth. 1,515 customers with ARR over $100,000, up 53% YoY. Achieved first adjusted free cash flow positive quarter.
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Samsara Inc. management to present at upcoming investor conferences.
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PowerFlex, a leading provider of large-scale EV charging solutions, has announced a new integration with Samsara, enabling fleet operators to optimize their operations and drive the transition to electric mobility. The PowerFlex X software provides alerts, real-time monitoring, and intelligent algorithms for data-driven fleet management. The integration with Samsara's vehicle telematics solution allows for comprehensive dashboards, tracking of sustainability insights, and charging optimization.
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FAQ

What is the current stock price of Samsara (IOT)?

The current stock price of Samsara (IOT) is $56.35 as of November 22, 2024.

What is the market cap of Samsara (IOT)?

The market cap of Samsara (IOT) is approximately 31.2B.

What is Samsara Inc. known for?

Samsara Inc. is known for its Connected Operations™ Cloud, which helps organizations integrate and analyze IoT data to improve operational efficiency, safety, and sustainability.

Where is Samsara Inc. headquartered?

Samsara Inc. is headquartered in San Francisco, California.

What industries does Samsara serve?

Samsara serves various industries including construction, transportation, logistics, manufacturing, retail, field services, and the public sector.

What recent partnerships has Samsara entered?

Samsara recently partnered with MapUp to integrate the TollTally toll billing solution into its platform, offering automated toll expense management for fleet operators.

How does the Connected Operations™ Cloud benefit organizations?

The Connected Operations™ Cloud helps organizations by consolidating data from vehicles, assets, and equipment into one platform, providing insights to enhance safety, efficiency, and sustainability.

What is TollTally?

TollTally is a real-time toll billing solution from MapUp that integrates with Samsara's platform to automate toll billing and reimbursements, improving operational efficiency for fleet operators.

How extensive is Samsara's customer base?

Samsara serves tens of thousands of customers across North America and Europe, including some of the world's leading organizations in various sectors.

What is the mission of Samsara Inc.?

Samsara’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.

Can you provide an example of Samsara's impact on operations?

One example is Samsara's integration with TollTally, which automates toll billing, thereby reducing administrative tasks and enhancing fleet management efficiency.

Where can I find more information on Samsara's solutions?

You can find more information on Samsara's solutions by visiting their official website at www.samsara.com.

Samsara Inc.

NYSE:IOT

IOT Rankings

IOT Stock Data

31.16B
215.54M
3.9%
95.21%
2.35%
Software - Infrastructure
Services-computer Integrated Systems Design
Link
United States of America
SAN FRANCISCO