Recap: PowerFleet Q4 Earnings

PowerFleet PWFL reported its Q4 earnings results on Wednesday, March 9, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

PowerFleet beat estimated earnings by 88.89%, reporting an EPS of $-0.01 versus an estimate of $-0.09.

Revenue was up $5.00 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 0.59% increase in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.06	-0.08	-0.07	-0.04
EPS Actual	-0.01	0.03	0	0.05
Revenue Estimate	33.46M	31.01M	28.99M	28.38M
Revenue Actual	29.25M	33.55M	28.99M	29.43M

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