PowerFleet, Inc. (AIOT)
Market Cap | 862.51M |
Revenue (ttm) | 221.07M |
Net Income (ttm) | -90.10M |
Shares Out | 132.08M |
EPS (ttm) | -1.26 |
PE Ratio | n/a |
Forward PE | 34.92 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,981,804 |
Open | 6.27 |
Previous Close | 6.38 |
Day's Range | 6.10 - 6.63 |
52-Week Range | 2.55 - 7.38 |
Beta | 1.76 |
Analysts | Buy |
Price Target | 12.50 (+91.42%) |
Earnings Date | Dec 31, 2024 |
About AIOT
PowerFleet, Inc. provides Internet-of-Things solutions in the United States, Israel, and internationally. The company offers SaaS cloud-based applications data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customers to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterpris... [Read more]
Financial Performance
In 2023, PowerFleet's revenue was $134.96 million, an increase of 0.92% compared to the previous year's $133.74 million. Losses were -$78.56 million, 353.9% more than in 2023.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for AIOT stock is "Buy." The 12-month stock price forecast is $12.5, which is an increase of 91.42% from the latest price.
News
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 Tuesd...
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 Wils...
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...
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.
Powerfleet to Host Investor Day on November 20, 2024
WOODCLIFF LAKE, N.J. , Oct. 7, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) will host an Investor Day with financial analysts and institutional investors on Wednesday, November 20 on location ...
Powerfleet Closes Strategic Acquisition of Fleet Complete
Acquisition Expected to Create a $400m+ Revenue Company, Including $300m+ of Recurring SaaS Revenue, $85m EBITDA, and Significant Expansion Opportunities WOODCLIFF LAKE, N.J. , Oct. 1, 2024 /PRNewswir...
Powerfleet and Fleet Complete to Host Fireside Chat on October 2, 2024
WOODCLIFF LAKE, N.J., Sept. 25, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) will host a fireside chat with analysts and investors on October 2 at 8.30 a.m.
Overlooked Stock: AIOT
Powerfleet (AIOT) nearly touched its 52-week high on Wednesday after agreeing to acquire Fleet Complete. George Tsilis talks about what makes the move so important for the "artificial-intelligence-of-...
Crude Oil Moves Lower; PowerFleet Shares Spike Higher
U.S. stocks traded lower midway through trading, with the S&P 500 falling around 0.2% on Wednesday.
Powerfleet Announces Strategic Acquisition of Fleet Complete
Expected to Create Industry Powerhouse with Total Revenue Anticipated to Exceed $400 Million Including $300+ Million of Recurring High Margin SaaS Revenue Highly Accretive with $200 Million Transactio...
ABI Research Ranks Powerfleet as the World's No. 1 Commercial Cold Chain Solution
Competitive ranking recognizes Powerfleet's cold chain offering as the global leader in the space, citing its Unity platform as a key differentiator WOODCLIFF LAKE, N.J. , Sept. 17, 2024 /PRNewswire/ ...
Powerfleet Reports First Quarter 2025 Financial Results
Focused execution following the business combination with MiX Telematics evidenced by annual revenue and AEBITDA growth of +10% and +50%, respectively Revenue Grows 10.2% annually to $75.4 million, dr...
Powerfleet Announces Successful Resolution of SEC Comment Letter Involving Non-Cash Accounting Issue
Sets First Quarter Fiscal 2025 Conference Call for Thursday, August 22, 2024, at 8:30 a.m. ET Expects to File Transition Report on Form 10-KT for the transition period ended March 31, 2024 and Quarte...
Powerfleet Announces Receipt of Expected Delinquency Notification Letters from Nasdaq Relating to Non-Compliance with Nasdaq Listing Rule 5250(c)(1)
Submitted response to previously announced SEC comment letter involving non-cash accounting issue; targeting to resolve matter within the month of August WOODCLIFF LAKE, N.J. , Aug. 16, 2024 /PRNewswi...
PowerFleet, Inc. (AIOT) Q1 2025 Earnings Call Transcript
PowerFleet, Inc. (NASDAQ:AIOT) Q1 2025 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Steve Towe - Chief Executive Officer David Wilson - Chief Financial Officer Conference C...
Powerfleet Announces Preliminary Financial Results for First Quarter of Fiscal 2025; Raises Fiscal 2025 Annual Guidance
Outpaces Expectations with 10% Preliminary Pro Forma Annual Revenue Growth to Approximately $75 Million Subscriber Count Increases Year-over-Year by 11% to 1.95 Million Cost Synergies and EBITDA Growt...
Powerfleet Sets First Quarter Fiscal 2025 Conference Call for Thursday, August 8, 2024, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , July 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Thursday, August 8, 2024, at 8:30 a.m.
Powerfleet Appoints Deloitte & Touche as Independent Auditor
Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ending March 31, 2024 and 2025 WOODCLIFF LAKE, N.J. , July 25, 2024 /PRNewswire/ -- Powerfleet , Inc. (Nasdaq: AIOT) today announced t...