Samsara Inc. Provides Financial Guidance for the Second Quarter and Fiscal Year 2023
June 02, 2022 at 04:15 pm EDT
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Samsara Inc. provided financial guidance for the second quarter and Fiscal year 2023. For the quarter, the company expected total revenue of $142 million – $144 million, Year/Year growth of 41% – 43%.
For the year, the company expected total revenue of $590 million – $600 million, Year/Year growth of 38% – 40%.
Samsara Inc. specializes in Connected Operations Cloud, which is a platform that enables organizations that depend on physical operations to use Internet of Things (IoT) data to develop actionable insights and improve their operations. The Company's Connected Operations Cloud includes its data platform, which ingests, aggregates, and enriches data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and which has embedded capabilities for artificial intelligence (AI), workflows and analytics, alerts, application programming interface (API) connections, and data security and privacy; and applications for video-based safety, vehicle telematics, mobile apps and workflows, equipment monitoring, and site visibility. Its video-based safety application enables customers to build a safety program and protect their teams with AI-enabled video. It serves various sectors, including construction, transportation and warehousing, field services, and logistics.
SAMSARA INC. 
