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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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Roelofs Transport (RLOF) partners with Samsara to digitize and optimize its fleet operations, reducing processes by 95% and non-fault claims by 60%. The collaboration has led to improved safety, efficiency, and customer service, benefiting both the company and its customers.
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Samsara Inc. (NYSE: IOT) has been recognized as the 2023 Company of the Year for Commercial Telematics solutions by Frost & Sullivan. Samsara's Connected Operations Cloud, including the Vehicle Telematics application, Video-Based Safety, Equipment Monitoring, Apps & Driver Workflows, and Site Visibility applications, has been praised for its innovation and growth in the North American commercial telematics category. The company's comprehensive suite of products provides real-time vehicle location and diagnostics, mobile workflows for driver safety and compliance, and advanced insights to optimize dispatch, maintenance, and fuel and energy costs. Samsara's efforts have helped prevent vehicle crashes, digitize workflows, and process over 6 trillion data points, contributing to improved safety, efficiency, and sustainability of operations.
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Samsara Inc. (NYSE: IOT) announces a $75 million investment from the City of New Orleans to improve operations across 41 departments, aiming to enhance safety, efficiency, and sustainability. Samsara's technology will support the City's fleet of 2,800 vehicles and motorcycles, with a focus on proactive maintenance, driver safety, fuel efficiency, and faster communications. The partnership aims to maximize taxpayer dollars and increase service transparency for the City's 400K constituents and millions of visitors annually.
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Samsara Inc. (NYSE: IOT) reported a 40% year-over-year growth in Q3 revenue, reaching $237.5 million, and a 39% year-over-year growth in ending ARR, totaling $1.003 billion. The company's third-quarter fiscal year 2024 financial highlights included an increase in total revenue, GAAP and non-GAAP gross profit, and non-GAAP operating income. Samsara also provided a financial outlook for the fourth quarter and fiscal year 2024, projecting total revenue between $257 million and $259 million for Q4, and between $918 million and $920 million for the fiscal year, with year-over-year growth of 38% to 39%. The company expects a non-GAAP operating margin of 2% for Q4 and (1%) for the fiscal year, and non-GAAP net income per share, diluted, between $0.02 and $0.03 for Q4, and between $0.05 and $0.06 for the fiscal year.
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Samsara Inc. (NYSE: IOT) Announces Launch of Theft Prevention and Efficiency Solutions for Mexican Transportation and Logistics Sector
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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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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