PowerFleet (AIOT) Q3 Earnings and Revenues Top Estimates

Core Viewpoint - PowerFleet reported quarterly earnings of $0.02 per share, exceeding the Zacks Consensus Estimate of breakeven and showing an improvement from a loss of $0.11 per share a year ago [1] Financial Performance - The earnings surprise for the quarter was +600.00%, with the company previously expected to post earnings of $0.05 per share but actually reporting $0.02, resulting in a surprise of -60% [2] - PowerFleet's revenues for the quarter ended December 2025 were $113.49 million, surpassing the Zacks Consensus Estimate by 1.58% and increasing from $106.43 million year-over-year [3] Stock Performance and Outlook - PowerFleet shares have declined approximately 9% since the beginning of the year, while the S&P 500 has gained 1.3% [4] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the upcoming quarter at $0.01 on revenues of $112.14 million, and for the current fiscal year at -$0.11 on revenues of $439.67 million [8] Industry Context - The Internet - Software industry, to which PowerFleet belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable position as the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [9]