Samsara, Inc. (IOT) experienced a significant after-hours surge of 13.59% on Thursday, following the release of its fourth-quarter financial results.

The company reported quarterly adjusted earnings of $0.18 per share, which exceeded analyst estimates of $0.13 by 40.62%. Revenue for the quarter reached $444.3 million, beating expectations of $422.3 million and marking a 28.30% increase year-over-year. Furthermore, Samsara provided strong guidance for the first quarter of fiscal 2027, projecting revenue between $454 million and $456 million against an estimate of $444 million.

For the full fiscal year 2027, the company issued an optimistic outlook, forecasting revenue in the range of $1.965 billion to $1.975 billion and adjusted earnings per share of $0.65 to $0.69, both surpassing consensus estimates. The results were driven by the expansion of its AI-powered platform, a 33% growth in net new annual recurring revenue, and the company's achievement of GAAP profitability for a second consecutive quarter.