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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 Inc. partners with USIC to digitize operations for safety and efficiency
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Samsara Inc. (NYSE: IOT) announces impressive growth figures for fiscal year 2024, including $1.1 billion in annual recurring revenue, 39% YoY revenue growth, and 49% YoY growth in $100K+ ARR customers. The platform processed over 9 trillion data points, supported 75 billion API calls, and expanded its App Marketplace to 270+ partner integrations.
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Samsara Inc. (NYSE: IOT) collaborates with TMS to reduce accidents and costs by 24% in 2024. The partnership integrates Samsara's AI Dash Cams to enhance road safety standards and protect drivers and assets. TMS aims to train drivers effectively and prioritize safety while investing in cutting-edge technology.
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Samsara Inc. (NYSE: IOT) reported impressive Q4 revenue of $276.3 million, showing 48% year-over-year growth, and ending ARR of $1.102 billion, a 39% increase. The company's financial highlights include strong growth in total revenue and adjusted revenue, positive adjusted free cash flow, and a significant rise in customers with ARR over $100,000.
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Samsara Inc. (NYSE: IOT) has been recognized as a Great Place To Work in Poland, emphasizing its commitment to creating an inclusive and empowering workplace culture. The company's positive approach towards inclusion, teamwork, and work-life balance has led to high employee satisfaction rates in Poland. Samsara aims to attract top engineering talent globally and in Poland, leveraging the country's tech talent pool and world-class universities.
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Motive Technologies, Inc. files a lawsuit against Samsara Inc. for alleged patent infringement, theft of intellectual property, and false advertising. Motive claims Samsara copied its products and technology, poached key engineering leaders, and engaged in deceptive practices. Samsara's AI capabilities are questioned, and Motive seeks damages and the return of profits.
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Samsara Inc. (NYSE: IOT) will release its financial results for the fourth quarter of fiscal year 2024 on March 7, 2024, after the U.S. market closes. A live webcast to discuss the results will take place at 2:00 p.m. Pacific time (5:00 p.m. Eastern time). The webcast replay will be accessible from the Samsara investor relations website at investors.samsara.com.
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Samsara Inc. files a lawsuit against Motive Technologies, Inc. for patent infringement, false advertising, and illegal conduct. The lawsuit alleges that Motive stole core Samsara technologies, infringing three of Samsara’s patents. The allegations highlight that Motive’s CEO Shoaib Makani was personally involved in Motive’s conduct, along with other senior-level employees down to members of the Sales and Customer Support teams. Samsara’s Complaint asserts that Motive illegally accessed Samsara’s platform, copied Samsara’s marketing materials, and made unsubstantiated advertising statements.
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Samsara Inc. (NYSE: IOT) has been recognized as one of Glassdoor’s Best Places to Work in 2024, showcasing the company's commitment to fostering an exceptional work environment. Samsara employees ranked the company highly, with a rating of 4.5/5, CEO approval at 96%, and 91% recommending Samsara to a friend.
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Samsara Inc. (NYSE: IOT) has joined the California Bureau of Automotive Repair’s Continuous Testing Program (CTP) pilot to automate smog testing and reporting for government vehicles in California. Emissions and diagnostic data from Samsara can now be integrated with the California BAR to automate the smog reporting process, reducing downtime and managing compliance. The City of Ventura is currently participating in the CTP pilot, aiming to reduce downtime and run tests more effectively. Samsara's platform is helping pave the way to a cleaner tomorrow by streamlining the smog testing and reporting process for public sector fleets across the state.
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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
Link
United States
SAN FRANCISCO