Let’s dig into the relative performance of Samsara (NYSE:IOT) and its peers as we unravel the now-completed Q4 data analytics earnings season.
Organizations generate a lot of data that is stored in silos, often in incompatible formats, making it slow and costly to extract actionable insights, which in turn drives demand for modern cloud-based data analysis platforms that can efficiently analyze the siloed data.
The 5 data analytics stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 2.5% while next quarter’s revenue guidance was in line.
While some data analytics stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.9% since the latest earnings results.
Samsara (NYSE:IOT)
One of the few public companies where Marc Andreessen is a Board member, Samsara (NYSE:IOT) provides software and hardware to track industrial equipment, assets, and fleets.
Samsara reported revenues of $346.3 million, up 25.3% year on year. This print exceeded analysts’ expectations by 2.9%. Overall, it was a strong quarter for the company with EPS guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ EBITDA estimates.
The stock is down 13% since reporting and currently trades at $36.44.
We think Samsara is a good business, but is it a buy today? Read our full report here, it’s free.
Best Q4: Palantir (NASDAQ:PLTR)
Started by Peter Thiel after seeing US defence agencies struggle in the aftermath of the 2001 terrorist attacks, Palantir (NYSE:PLTR) offers software as a service platform that helps government agencies and large enterprises use data to make better decisions.
Palantir reported revenues of $827.5 million, up 36% year on year, outperforming analysts’ expectations by 6.8%. The business had an exceptional quarter with a solid beat of analysts’ billings estimates and an impressive beat of analysts’ EBITDA estimates.
Palantir scored the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 3.5% since reporting. It currently trades at $80.94.
Is now the time to buy Palantir? Access our full analysis of the earnings results here, it’s free.
Weakest Q4: Health Catalyst (NASDAQ:HCAT)
Founded by healthcare professionals Tom Burton and Steve Barlow in 2008, Health Catalyst (NASDAQ:HCAT) provides data and analytics technology to healthcare organizations, enabling them to improve care and lower costs.
Health Catalyst reported revenues of $79.61 million, up 6% year on year, in line with analysts’ expectations. It was a mixed quarter as it posted full-year EBITDA guidance exceeding analysts’ expectations.
Health Catalyst delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. As expected, the stock is down 15.5% since the results and currently trades at $4.17.
Read our full analysis of Health Catalyst’s results here.
Domo (NASDAQ:DOMO)
Founded by Josh James after selling his former business Omniture to Adobe, Domo (NASDAQ:DOMO) provides business intelligence software that allows managers to access and visualize critical business metrics in real-time, using their smartphones.
Domo reported revenues of $78.77 million, down 1.8% year on year. This number beat analysts’ expectations by 1%. It was a very strong quarter as it also recorded an impressive beat of analysts’ billings estimates and EPS guidance for next quarter exceeding analysts’ expectations.
Domo had the slowest revenue growth among its peers. The stock is up 13.3% since reporting and currently trades at $8.
Read our full, actionable report on Domo here, it’s free.
Amplitude (NASDAQ:AMPL)
Born out of a failed voice recognition startup by founder Spenser Skates, Amplitude (NASDAQ:AMPL) is data analytics software helping companies improve and optimize their digital products.
Amplitude reported revenues of $78.13 million, up 9.4% year on year. This result surpassed analysts’ expectations by 1.9%. Overall, it was a strong quarter as it also put up an impressive beat of analysts’ EBITDA estimates and full-year guidance of accelerating revenue growth.
The company added 24 enterprise customers paying more than $100,000 annually to reach a total of 591. The stock is up 9.1% since reporting and currently trades at $12.94.
Read our full, actionable report on Amplitude here, it’s free.
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