Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

This Software Stock Is Shrugging Off Apocalypse Fears. Should You Chase the Rally Here?

Samsara (IOT) shares closed nearly 20% higher on March 6 after the cloud software company’s solid Q4 and impressive future guidance signaled artificial intelligence (AI) disruption fears are indeed overblown. 

The San Francisco-headquartered firm saw its revenue come in at $444 million, up some 28% on a year-over-year basis, helping it record its second consecutive quarter of GAAP profitability. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.