AIOTPowerFleet Inc
Earnings Recap
• Reported GAAP EPS of -$0.03 up 72.73% YoY • Reported revenue of $113.49M up 6.63% YoY • Revenue guidance for full-year 2026 is tightened to $440 million to $445 million, and Powerfleet expects adjusted EBITDA growth of approximately 45% year-over-year due to retained operating expense investments.
Bullish
Powerfleet achieved record total revenue of $113.5 million, driven by strong services revenue growth and expanded adjusted EBITDA margins. A major South Africa public sector contract win underscores Powerfleet's strategic market expansion.
Bearish
Powerfleet's adjusted EBITDA growth guidance was lowered due to sustained operating expense investments for future demand. The company also faces risks from complex integration and limited GAAP guidance transparency.