PowerFleet (AIOT) Q1 Earnings Match Estimates

PowerFleet (AIOT) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of tracking and communications technology for fleet vehicles would post a loss of $0.02 per share when it actually produced a loss of $0.09, delivering a surprise of -350%. Over the last four quarters, the company has not been able to surpass ...