Investing.com - Samsara reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Samsara announced earnings per share of $-0.02 on revenue of $169.8M. Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $155.33M.
Samsara shares are down 64.78% from the beginning of the year and are trading at $11.60 , down-from-52-week-high.
Samsara shares gained 17.17% in after-hours trade the report.
Samsara follows other major Information Technology sector earnings this month
Samsara's report follows an earnings missed by NVIDIA on November 16, who reported EPS of $0.58 on revenue of $5.93B, compared to forecasts EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on November 16 with first quarter EPS of $0.86 on revenue of $13.6B, compared to forecast for EPS of $0.84 on revenue of $13.29B.
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