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Stock impact report

Samsara (IOT) Climbs 19.5% as Firm Nearing Profitability [Yahoo! Finance]

Samsara Inc. Class A (IOT) 
NASDAQ:AMEX Investor Relations: incomeopp-realty.com
Company Research Source: Yahoo! Finance
Samsara soared by 19.54 percent on Friday to finish at $35.36 apiece, as investor sentiment was bolstered by a stellar earnings performance, having nearly wiped out its losses in the last fiscal year. In an updated report, Samsara Inc. (NYSE:IOT) said that it narrowed its net losses by 94 percent to $9 million in the fiscal year ending January 31, from a $155 million net loss a year earlier. samsara Photo from Samsara website Revenues also jumped by 28 percent to $1.6 billion from $1.25 billion year-on-year. In the fourth quarter alone, Samsara Inc. (NYSE:IOT) swung to a net income of $22 million, reversing a net loss of $11.2 million in the same quarter a year earlier. Revenues increased by 28 percent to $444.3 million from $346 million year-on-year. “Fiscal year 2026 was an outstanding year of durable and efficient growth,” Samsara Inc. (NYSE:IOT) CEO Sanjit Biswas said, adding that the performance was driven by the scale of its data asset, which now captures more than Show less Read more
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