Earnings Summary: PowerFleet Q3

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PowerFleet AIOT released its Q3 earnings on Monday, February 10, 2025 at 07:00 AM.

Here's what's important from the earnings announcement.

Earnings

PowerFleet missed estimated earnings by -80.0%, reporting an EPS of $0.01 versus an estimate of $0.05.

Revenue was up $72.23 million from the same period last year.

Overview of Past Earnings

During the previous quarter, the company beat on EPS by $0.04, leading to a 20.0% increase share price change the next day.

Here's a look at PowerFleet's past performance:

Quarter Q2 2024 Q1 2024 Q4 2023
EPS Estimate -0.02 -0.09 -0.10
EPS Actual 0.02 0 -0.07
Revenue Estimate 74.39M 32.90M 34.34M
Revenue Actual 77.02M 75.43M 34.50M

To track all earnings releases for PowerFleet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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