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Samsara's ARR of $723.7 million represented 47% Y/Y growth. Samsara ended Q3 with 1,113 customers with ARR over $100,000, up 56% Y/Y. Non-GAAP gross margin expanded 200 bps to 74%.
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The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
In December 2021, Samsara publicly listed on the New York Stock Exchange under the ticker symbol “IOT” and the company’s initial public offering raised $805 million. [19] Samsara sold 35 million shares in its initial public offering to raise $805 million at a valuation of $11.5 billion. [ 6 ]
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