Workflow
Samsara Stock Slips as Revenue Guidance Disappoints
IOTSamsara (IOT) Schaeffers Investment Research·2025-06-06 15:03

Software stock Samsara Inc ( NYSE:IOT) is down 5% to trade at 44.81thismorning,afterthesoftwarecompany′sdisappointingcurrent−quarterrevenueguidanceovershadowedbetter−than−expectedfirst−quarterresults.Theinternet−of−thingscompanyexpectsrevenuebetween44.81 this morning, after the software company's disappointing current-quarter revenue guidance overshadowed better-than-expected first-quarter results. The internet-of-things company expects revenue between 371 million and 373million,whichrepresents24373 million, which represents 24% year-over-year growth, a slowdown from last quarter's 31%. Samsara stock out of the gate traded as low as 41.60, before paring those losses and reclaiming a confluence of moving averages a ...