04:58 PM EST, 12/05/2024 (MT Newswires) -- Samsara (IOT) reported fiscal Q3 non-GAAP diluted earnings late Thursday of $0.07 a share, up from $0.04 a year earlier.

Analysts polled by FactSet expected $0.04.

Revenue in the quarter ended Nov. 2 was $322 million, up from $237.5 million.

Analysts surveyed by FactSet expected $310.6 million.

The company said it expects fiscal Q4 non-GAAP diluted earnings of $0.07 to $0.08 a share on revenue of $334 million to $336 million. Analysts polled by FactSet expected earnings of $0.06 a share on revenue of $335.8 million.

Samsara raised its full-year non-GAAP diluted earnings guidance to $0.22 to $0.23 a share from the previous $0.16 to $0.18. Analysts polled by FactSet expect $0.18.

The company raised its full-year revenue guidance to $1.237 billion to $1.239 billion from $1.22 billion to $1.23 billion. Analysts polled by FactSet expect $1.23 billion.

Shares of Samsara were down nearly 10% in after-hours activity.