Powerfleet Provides Business Update Ahead of Upcoming Craig-Hallum and William Blair Conferences
Shares Preliminary Fiscal Year 2025 Results and Updated Fiscal 2026 Outlook Fourth Quarter Fiscal 2025 Conference Call Set for Monday, June 16, 2025 WOODCLIFF LAKE, N.J. , May 23, 2025 /PRNewswire/ -- In advance of its participation in the 22nd Annual Craig-Hallum Institutional Investor Conference (May 28) and William Blair's 45th Annual Growth Stock Conference (June 4), Powerfleet, Inc. (Nasdaq: AIOT) today provided a business update, including preliminary financial results for fiscal year 2025 and an initial outlook for fiscal 2026.
Powerfleet to Attend the 20th Annual Needham Technology, Media, & Consumer Conference
WOODCLIFF LAKE, N.J. , May 2, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the 20th Annual Needham Technology, Media, & Consumer 1x1 Conference on Thursday, May 8 th to meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.
Powerfleet to Present at the 37th Annual Roth Conference
WOODCLIFF LAKE, N.J. , March 12, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the 37th Annual Roth Conference on Tuesday, March 18 th at 8:00amET.
Powerfleet: A Great Story, But I'll Pass
I love a good growth story, but PowerFleet, Inc.'s numbers don't match the excitement. The company's debt level is too high for my liking, making me uneasy about its future. Acquisitions have inflated its revenue growth, and I prefer more organic expansion.
Why PowerFleet Shares Rocketed 31% Today
Shares of small-cap Internet of Things tech company PowerFleet (AIOT 31.09%) rallied big on Monday, up as much as 38.8% in the day's trading before ending the day with a 31.1% gain.
PowerFleet, Inc. (AIOT) Q3 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT ) Q3 2025 Earnings Call February 10, 2025 8:30 AM ET Company Participants Steve Towe - CEO David Wilson - CFO Conference Call Participants Scott Searle - ROTH Capital Partners Gary Prestopino - Barrington Research Anthony Stoss - Craig-Hallum Dylan Becker - William Blair Alexander Sklar - Raymond James Gregory Gibas - Northland Capital Markets Operator Greetings and welcome to the PowerFleet's Third Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Powerfleet Reports Third Quarter 2025 Financial Results
Q3 revenue rises to $106 million, an increase of 45% year-over-year, with service revenuerepresenting 77% of total revenue Adjusted EBITDA climbs to $22 million, an increase of 77%, driving an annual run ratesurpassing $85 million— doubling 2024 adjusted EBITDA FY25 full year guidance increased $10 million for revenue and $2.5 million for adjustedEBITDA Meaningful increase in adjusted gross margin performance, with total adjusted grossmargins now above 60%, and adjusted service gross margins approaching 70% Post-M&A integration ahead of schedule, priming for double digit growth trajectory in FY26 WOODCLIFF LAKE, N.J. , Feb. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) reported its financial results for the third quarter ended December 31, 2024.
Powerfleet Sets Third Quarter Fiscal 2025 Conference Call for Monday, February 10, 2025, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , Jan. 24, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, February 10, 2025, at 8:30 a.m.
Powerfleet to Present at the 27th Annual Needham Growth Conference
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 14 th 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.
Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer
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.
PowerFleet: An Affordable Samsara Competitor
PowerFleet: An Affordable Samsara Competitor
Powerfleet to Present at Raymond James 2024 TMT & Consumer Conferences
WOODCLIFF LAKE, N.J. , Dec. 6, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the Raymond James 2024 TMT & Consumer Conference on Tuesday, December 10 th at 3:40pmET 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.
