PowerFleet Inc Stock News

PowerFleet, Inc. (NASDAQ:AIOT ) Q1 2026 Earnings Conference Call August 11, 2025 8:30 AM ET Company Participants David Wilson - CFO & Corporate Secretary Melissa Ingram - Chief Corporate Development Officer Mike Powell - Chief Innovation Officer Steve Towe - CEO & Director Conference Call Participants Alexander James Sklar - Raymond James & Associates, Inc., Research Division Anthony Joseph Sto...

Quarterly services revenue jumped by 6% sequentially to $86.5 million, increasing from $81.8 million in Q4'25. Total revenue grew by 38% year-over-year to $104.1million driven by strength in services revenue, which increased to a record high of 83% of total revenue.

Combined Platform and Connectivity Strength Unlocks Predictive, AI and Data-Led Intelligence for Fixed and Mobile Operations WOODCLIFF LAKE, N.J. , Aug. 11, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced a groundbreaking new enterprise growth partnership with MTN Business South Afr...

WOODCLIFF LAKE, N.J. , July 29, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, August 11, 2025, at 8:30 a.m.

WOODCLIFF LAKE, N.J., July 21, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, has been named one of ABI Research's Most Innovative Technology Companies of 2025 - an exclusive recognition awarded to only one standout innovator in each of seven tech sectors globally.

WOODCLIFF LAKE, N.J. , July 15, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, today announced that SIXT Mexico, the national franchise of one of the world's premier vehicle rental brands, has selected Powerfleet to modernize its on-road operations with Unity's real-time da...

WOODCLIFF LAKE, N.J. , July 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, today announced the launch of its automated AI risk intervention application, an innovative AI video module engineered to redefine how companies automatically detect, assess, and prevent risk in ...

PowerFleet, Inc.'s pivot to an AI-driven, subscription-based platform is driving explosive revenue growth and a rising mix of recurring, high-margin sales. Recent acquisitions have quadrupled subscriber count and fueled cross-sell momentum, but legacy churn and integration risks remain material headwinds. Valuation is attractive at ~8× forward EV/EBITDA, with the market underpricing the company...