Earnings misses, weak guidance, and downgrades drove large-cap decliners—led by Synopsys, Chewy, and The Trade Desk—while biotech trial updates and mixed analyst calls pressured others.
Shares of ioT solutions provider Samsara (NYSE:IOT) fell 6.7% in the morning session after investors appeared to continue taking profits following the stock's significant rally the previous week.
Shares of ioT solutions provider Samsara (NYSE:IOT) fell 2.6% in the morning session after investors appeared to take profits after the stock's significant rally the previous week.
Shares of ioT solutions provider Samsara (NYSE:IOT) jumped 18% in the morning session after the company reported strong second-quarter financial results that surpassed analyst expectations and raised its full-year outlook.
A rather disappointing jobs report is challenging Wall Street's optimism over looming rate cuts, as labor market weakness stirs fresh concerns about the economy.
IoT solutions provider Samsara (NYSE:IOT) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 30.4% year on year to $391.5 million. Guidance for next quarter’s revenue was better than expected at $399 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $0.12 per share was 65.6% above analysts’ consensus estimates.
IoT solutions provider Samsara (NYSE:IOT) announced better-than-expected revenue in Q2 CY2025, with sales up 30.4% year on year to $391.5 million. Guidance for next quarter’s revenue was better than expected at $399 million at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $0.12 per share was 65.6% above analysts’ consensus estimates.
Samsara stock popped on Q2 earnings and revenue that beat Wall Street's targets amid low expectations. October quarter sales guidance came in slightly above views.
A number of stocks fell in the afternoon session after the major indices continued to retreat (Nasdaq -1.5%, S&P 500 -1.2%) amid profit-taking and renewed concerns about tariffs.
