Core Viewpoint - Powerfleet, Inc. is set to participate in the 28th Annual Needham Growth Conference on January 15, 2026, to discuss its AIoT platform, financial performance, and shareholder value roadmap [1] Company Overview - Powerfleet is a global leader in the AIoT software-as-a-service (SaaS) mobile asset industry with over 30 years of experience [2] - The company focuses on unifying business operations through data ingestion, harmonization, and integration, providing actionable insights to enhance efficiency and cost savings [2] - Powerfleet is headquartered in New Jersey, USA, and has a primary listing on the Nasdaq Global Market and a secondary listing on the Johannesburg Stock Exchange (JSE) [2]

Core Insights - Powerfleet, Inc. is scheduled to attend multiple investor conferences in December 2025 to discuss its AIoT platform, financial performance, and shareholder value roadmap [1][2] Company Overview - Powerfleet is a global leader in the AIoT software-as-a-service (SaaS) mobile asset industry with over 30 years of experience [1] - The company focuses on unifying business operations through data integration and delivering actionable insights to enhance efficiency and safety [1] - Powerfleet is headquartered in New Jersey, USA, and has a primary listing on Nasdaq and a secondary listing on the Johannesburg Stock Exchange [1] Upcoming Events - Powerfleet will present at the Raymond James 2025 TMT and Consumer Conference on December 9, 2025, at 1:40 PM ET, with a webcast available [2] - The company will also participate in the Northland Growth Conference on December 16, 2025 [2]

Core Insights - PowerFleet Inc. (NASDAQ:AIOT) is recognized as one of the fastest-growing penny stocks, with an Outperform rating reiterated by William Blair following impressive second-quarter 2026 results characterized by record revenue and strong performance across key metrics [1] Financial Performance - The company achieved a 45% increase in total revenue, reaching a record high of $111.7 million, driven by strong global traction and expanding adoption of its AIoT platform [2] - Organic annual recurring revenue growth was double-digit year-over-year, with a reported 12% organic services growth amid broad-based business strength [3] - Gross profit increased by 51% year-over-year to $62.6 million, indicating strong operational performance [2] Net Loss and Challenges - Despite the strong revenue growth, the company reported a wider-than-expected net loss attributable to stockholders of $4.3 million, or $0.03 per share, compared to a net loss of $1.9 million, or $0.02 per share, for the same quarter last year [4] - The increase in net loss was attributed to higher interest expenses and non-cash amortization [4] Company Overview - PowerFleet, Inc. operates as a global AIoT company, providing software-as-a-service (SaaS) solutions to help organizations manage, monitor, and optimize assets such as connected vehicles and warehouse equipment [5]

Core Insights - Powerfleet, Inc. is scheduled to attend fall 2025 New York investor conferences to discuss its AIoT platform, which is delivering results at scale with strong financial discipline and a clear roadmap to shareholder value [1] Company Overview - Powerfleet is a global leader in the AIoT software-as-a-service (SaaS) mobile asset industry, with over 30 years of experience [1] - The company focuses on unifying business operations through data ingestion, harmonization, and integration, providing actionable insights to help companies save lives, time, and money [1] - Powerfleet is headquartered in New Jersey, United States, and has a primary listing on The Nasdaq Global Market and a secondary listing on the Johannesburg Stock Exchange (JSE) [1] Recent Achievements - Powerfleet reported a 7% quarterly sequential increase in total revenue for Q2 FY26, ending September 30, 2025 [2] - The company won the Frost & Sullivan 2025 North America Product Leadership Award, highlighting its leadership in the AIoT sector [3]

Core Insights - Powerfleet, Inc. reported a record total revenue of $111.7 million for Q2 FY26, representing a 45% increase year-over-year and a 7.3% sequential increase [1][12] - The company raised its FY26 total revenue guidance to a range of $435 million to $445 million, up from the previous guidance of $430 million to $440 million [7][12] Financial Performance - Services revenue reached $89.3 million, a 57% increase year-over-year and a 12% organic growth from $56.7 million in Q2 FY25 [1][12] - Gross profit was $62.6 million, reflecting an 11% sequential increase from $56.5 million in Q1 FY26, with a gross margin of 56% compared to 54% in the prior year [1][12] - Adjusted EBITDA increased by 71% year-over-year to $24.8 million, with an adjusted EBITDA margin of 22%, up from 19% in the prior year [12][13] Management Commentary - The CEO highlighted Q2 as a defining quarter with strong performance across key financial metrics, driven by AI-powered SaaS solutions and growth in global markets [3][4] - The company achieved double-digit year-over-year organic annual recurring revenue growth ahead of schedule, indicating strong global traction [3][4] Cost Management - Sales, general, and administrative expenses remained at 48% of revenue, with a planned 5% increase in sales and marketing expenses to support growth [12] - Research and development expenses represented 4% of revenue, consistent with the prior year [12] Debt and Equity - The net loss attributable to common stockholders was $4.3 million, or $0.03 per share, compared to a net loss of $1.9 million, or $0.02 per share, in the prior year [12][13] - Adjusted net debt to adjusted EBITDA improved to 2.9x from 3.4x at the end of FY25, with quarter-end net debt at $242.6 million [12][13]

Core Insights - Powerfleet, Inc. is scheduled to attend the Barrington Research Virtual Fall Investment Conference on September 16, 2025, to discuss its AIoT platform and its commitment to delivering shareholder value [1]. Company Overview - Powerfleet is a global leader in the AIoT software-as-a-service (SaaS) mobile asset industry, with over 30 years of experience [2]. - The company focuses on unifying business operations through data integration and delivering actionable insights to enhance efficiency and safety [2]. - Powerfleet is headquartered in New Jersey, USA, and has a primary listing on Nasdaq and a secondary listing on the Johannesburg Stock Exchange [2]. Financial Performance - Powerfleet reported a 6% sequential growth in services for Q1 FY2026, along with margin expansion and progress towards EBITDA expansion targets [4].

Group 1 - Powerfleet, Inc. is scheduled to attend the Northland Growth Conference 2025 on June 25th to discuss its AIoT platform and its financial discipline [1] - The company emphasizes its commitment to delivering results at scale and a clear roadmap to enhance shareholder value [1] - Powerfleet is a global leader in the AIoT software-as-a-service (SaaS) mobile asset industry with over 30 years of experience [2] Group 2 - Powerfleet's operations focus on unifying business processes through data integration and providing actionable insights to improve efficiency and safety [2] - The company is headquartered in New Jersey, United States, and has a global presence with offices worldwide [2] - Powerfleet is listed on the Nasdaq Global Market and has a secondary listing on the Johannesburg Stock Exchange [2]