Previous close | 13.12 |
Open | 13.41 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 900 |
Day's range | 13.05 - 13.71 |
52-week range | 8.42 - 25.42 |
Volume | |
Avg. volume | 1,426,665 |
Market cap | 6.984B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.13 |
Earnings date | 01 Dec 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 19.75 |
SAN FRANCISCO, December 15, 2022--Samsara Inc. ("Samsara") (NYSE: IOT) today announced that the Samsara Connected Operations Cloud was selected by Werner Enterprises (Nasdaq: WERN), one of the nation’s largest transportation and logistics companies. Werner leverages Samsara to improve the safety and experience of drivers across its fleet and reduce costs.
Shares of Samsara (NYSE: IOT), an Internet-of-Things (IoT) operations company, were skyrocketing today after the company easily beat analysts' top- and bottom-line consensus estimates in the fiscal third quarter, ended Oct. 29. Samsara's stock had spiked by 22% as of 11:18 a.m. ET. Samsara's revenue increased 49% from the year-ago quarter to $169.8 million and surpassed Wall Street's average estimate of $155.3 million.
The stock market got a bit of unexpected news early Friday that sent stock index futures sharply lower before the start of trading on Friday morning. The latest government employment report showed stronger job growth than many economists had expected, and that threw cold water on the idea that the Federal Reserve might quickly slow its pace of interest rate hikes. In particular, stocks of cloud companies UiPath (NYSE: PATH) and Samsara (NYSE: IOT) were up significantly after they released their latest financial reports.