Update: Samsara Fiscal Q2 Non-GAAP Earnings, Revenue Beat Views; Shares Up Pre-Bell
MT newswire2026/09/04 09:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:43 AM EDT, 09/04/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Samsara (IOT) shares were up 13% in premarket activity Friday after the company's fiscal Q2 results overnight exceeded market estimates, while it raised its full-year guidance. The company reported fiscal Q2 non-GAAP earnings late Thursday of $0.20 per diluted share, up from $0.12 a year earlier. Analysts polled by FactSet expected $0.16. Revenue for the quarter ended Aug. 1 rose to $508.4 million from $391.5 million a year earlier. Analysts expected $483.3 million. Samsara expects fiscal Q3 non-GAAP EPS of $0.18 to $0.19 on revenue of $514 million to $516 million. Analysts expect $0.18 and $509.7 million, respectively. The company now expects fiscal 2027 non-GAAP EPS of $0.76 to $0.78 on revenue of $2.043 billion to $2.047 billion. It previously forecasted non-GAAP EPS of $0.70 to $0.72 on revenue of $2.005 billion to $2.013 billion. Analysts expect $0.72 and $2.01 billion, respectively.
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