04:41 PM EDT, 06/06/2024 (MT Newswires) -- Samsara (IOT) reported a fiscal Q1 non-GAAP net income late Thursday of $0.03 per share, swinging from a loss of $0.02 a year earlier.

Analysts polled by Capital IQ expected $0.01.

Revenue for the quarter ended May 4 was $280.7 million, up from $204.3 million a year earlier.

Analysts surveyed by Capital IQ expected $272.4 million.

The company said it expects a fiscal Q2 non-GAAP EPS of between $0.00 and $0.01 and revenue between $288 million and $290 million. Analysts polled by Capital IQ expect $0.01 per share and revenue of $287.2 million.

The company expects a fiscal 2025 non-GAAP EPS of $0.13 to $0.15 and revenue of between $1.205 billion and $1.213 billion. Analysts expect $0.12 and revenue of $1.20 billion.

Shares of Samsara were down about 7% in after-hours activity.

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