Powerfleet, Inc.(AIOT)
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Powerfleet to Present at the 27th Annual Needham Growth Conference
Prnewswire· 2025-01-10 13:00
WOODCLIFF LAKE, N.J., Jan. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the 27th Annual Needham Growth Conference on Tuesday, January 14th at 4:30pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations. The link to the live webcast of the Company's presentation will be available by visiting Powerfleets w ...
Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer
Prnewswire· 2025-01-07 21:05
WOODCLIFF LAKE, N.J., Jan. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global AIoT leader, announces Mike Powell as Chief Innovation Officer (CINO), effective immediately. Powell brings extensive expertise in organizations generating annual revenues in excess of $1 billion, covering the landscape of both a CTO and CIO, to focus on advancing both Powerfleet's customer solutions and internal operations.As CINO, Powell will lead Powerfleet's evolution by integrating internal transformation with ...
PowerFleet: An Affordable Samsara Competitor
Seeking Alpha· 2024-12-26 08:38
The Industrial IoT market is growing at a 17% CAGR and projected to reach $2.1 trillion by 2034 as per Precedence Research . This massive market opportunity is driven by asset-heavy industries such as transportation, construction and manufacturingAt Miletus Research, we specialize in analyzing technology companies, exploring the nuances of their strategies in depth. Our team of experienced researchers merges cutting-edge market analytics with strategic expertise, empowering you with actionable insights that ...
Powerfleet, Inc.(AIOT) - 2025 Q2 - Quarterly Report
2024-11-12 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ————————— FORM 10-Q ————————— (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 001-39080 POWERFLEET, INC. (Exact name of registrant as specified in its charter) | --- | --- | - ...
Powerfleet, Inc.(AIOT) - 2025 Q2 - Earnings Call Transcript
2024-11-12 19:34
PowerFleet, Inc. (NASDAQ:AIOT) Q2 2025 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Carolyn Capaccio - Investor Relations Steve Towe - Chief Executive Officer David Wilson - Chief Financial Officer Conference Call Participants Scott Searle - Roth Capital Gary Prestopino - Barrington Research Anthony Stoss - Craig-Hallum Dylan Becker - William Blair Alexander Sklar - Raymond James Greg Gibas - Northland Securities Operator Greetings. Welcome to the PowerFleet's Second Quarter 20 ...
PowerFleet (AIOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-12 16:00
PowerFleet (AIOT) reported $77.02 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 125.2%. EPS of -$0.02 for the same period compares to -$0.09 a year ago.The reported revenue represents a surprise of +3.32% over the Zacks Consensus Estimate of $74.54 million. With the consensus EPS estimate being -$0.01, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...
Powerfleet, Inc.(AIOT) - 2025 Q2 - Quarterly Results
2024-11-12 12:27
Exhibit 99.1 POWER@FLEET Powerfleet Reports Second Quarter 2025 Financial Results Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up +41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination. First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million. 50% of the planned two-year annualized cost synergy target of $27 million secured ...
Powerfleet Reports Second Quarter 2025 Financial Results
Prnewswire· 2024-11-12 12:00
Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up 41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination.First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million. 50% of the planned two-year annualized cost synergy target of $27 million secured within 6 months of the close of the MiX combination.WOODCLIFF LAKE, N.J., Nov. 12, ...
What Analyst Projections for Key Metrics Reveal About PowerFleet (AIOT) Q3 Earnings
ZACKS· 2024-11-08 15:21
Wall Street analysts forecast that PowerFleet (AIOT) will report quarterly loss of $0.01 per share in its upcoming release, pointing to a year-over-year increase of 88.9%. It is anticipated that revenues will amount to $74.54 million, exhibiting an increase of 118% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...
Powerfleet, Inc.(AIOT) - 2023 Q4 - Annual Report
2024-05-09 21:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______. Commission file number: 001-39080 POWERFLEET, INC. (Exact name of registrant as specified in its charter) Delaware 83-4366463 (State or other jur ...