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Samsara Says AI Data Center Boom Is Creating Massive Demand Across Physical Economy

Benzinga·
Samsara Says AI Data Center Boom Is Creating Massive Demand Across Physical Economy

Samsara (NYSE:IOT) reported strong Q1 results with adjusted EPS of 17 cents (beating 13 cents estimate) and revenue of $478.8 million (up 31% YoY, exceeding $455.2 million estimate). The company raised FY2027 guidance for both earnings and revenue. However, shares fell 2.93% in premarket trading Friday, declining 5.38% overall, despite the positive earnings beat and raised outlook.

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