Here's What Key Metrics Tell Us About PowerFleet (AIOT) Q3 Earnings

Core Insights - PowerFleet reported revenue of $113.49 million for the quarter ended December 2025, reflecting a 6.6% increase year-over-year and surpassing the Zacks Consensus Estimate of $111.73 million by 1.58% [1] - The company achieved an EPS of $0.02, a significant improvement from -$0.11 in the same quarter last year, resulting in an EPS surprise of 600% against a consensus estimate of $0 [1] Revenue Breakdown - Service revenue was reported at $91.09 million, exceeding the average analyst estimate of $90.11 million, marking an 11.4% increase compared to the previous year [4] - Product revenue reached $22.4 million, slightly above the two-analyst average estimate of $21.76 million, but showed a year-over-year decline of 9.3% [4] Profit Metrics - Gross profit from product sales was $7.09 million, surpassing the average estimate of $6.96 million [4] - Gross profit from service sales was reported at $55.6 million, which fell short of the average estimate of $57.03 million [4] Stock Performance - Over the past month, PowerFleet's shares have declined by 12.2%, contrasting with a minor decrease of 0.2% in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]