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.
PowerFleet, Inc. (AIOT) Q2 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT ) Q2 2025 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Carolyn Capaccio - Investor Relations Steve Towe - Chief Executive Officer David Wilson - Chief Financial Officer Conference Call Participants Scott Searle - Roth Capital Gary Prestopino - Barrington Research Anthony Stoss - Craig-Hallum Dylan Becker - William Blair Alexander Sklar - Raymond James Greg Gibas - Northland Securities Operator Greetings. Welcome to the PowerFleet's Second Quarter 2025 Earnings Call.
PowerFleet (AIOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for PowerFleet (AIOT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Powerfleet Reports Second Quarter 2025 Financial Results
Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up 41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination. First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million.
What Analyst Projections for Key Metrics Reveal About PowerFleet (AIOT) Q3 Earnings
Get a deeper insight into the potential performance of PowerFleet (AIOT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Powerfleet Sets Second Quarter Fiscal 2025 Conference Call for Tuesday, November 12, 2024, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , Oct. 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Tuesday, November 12, 2024, at 8:30 a.m.
Wall Street Analysts See a 65.44% Upside in PowerFleet (AIOT): Can the Stock Really Move This High?
The consensus price target hints at a 65.4% upside potential for PowerFleet (AIOT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
