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Forget AI. Here’s a Red-Hot Play on Internet of Things.

Por: MarketWatch Business March 02, 2023

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On an adjusted basis, Samsara lost 2 cents a share in the quarter, beating the guidance range, which called for a loss of 5 to 6 cents. Under generally accepted accounting principles, the company lost 10 cents a share. Annual recurring revenue was $795.1 million, up 42%.  Samsara CEO Samsara Biswas says the strong growth reflects the value the company brings to customers with large fleets of equipment, helping them keep tabs on both where... + full article



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