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04.12.2025
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Powerfleet to Attend December Investor Conferences
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WOODCLIFF LAKE, N.J., Dec. 4, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the following December 2025 investor conferences to discuss Powerfleet's scaled AIoT platform, strong financial performance and clear roadmap to shareholder value:...
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14.11.2025
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Powerfleet to Attend Fall New York 2025 Investor Conferences
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WOODCLIFF LAKE, N.J., Nov. 14, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend fall 2025 New York investor conferences to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong financial discipli...
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10.11.2025
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Powerfleet Reports Q2 FY26 Financial Results with 7% Quarterly Sequential Increase in Total Revenue
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Total revenue of $111.7 million, an increase of 45% in total and 9% organically year-over-year from $77.0M in Q2 FY25.
Services revenue of $89.3 million, an increase of 57% in total and 12% organically year-over-year from $56.7 million in Q2 FY25....
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20.10.2025
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10.11.2025
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Powerfleet Wins Frost & Sullivan 2025 North America Product Leadership Award
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WOODCLIFF LAKE, N.J., Nov. 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 it has received the Frost & Sullivan 2025 North America Product Leadership Award for its Unit...
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20.10.2025
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27.10.2025
AIOT
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Powerfleet Sets Second Quarter Fiscal 2026 Conference Call for Monday, November 10, 2025, at 8:30 a.m. ET
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WOODCLIFF LAKE, N.J., Oct. 27, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, November 10, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal 2026 ended September 30, 2025. Financial results...
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07.10.2025
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Powerfleet Appoints Jeff Lautenbach as Chief Revenue Officer to Amplify Accelerated SaaS Revenue Growth
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WOODCLIFF LAKE, N.J., Oct. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, announces Jeff Lautenbach as Chief Revenue Officer (CRO), effective immediately. Jeff brings extensive experience leading global revenue o...
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29.09.2025
AIOT
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Powerfleet to Host Unity Innovation Event on November 14, 2025
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WOODCLIFF LAKE, N.J., Sept. 29, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced it will host its Unity Innovation showcase, a virtual event for financial analysts and institutional investors, on Frida...
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25.09.2025
AIOT
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Powerfleet Unity Wins Coveted Innovation Award at Europe's Largest Materials Handling Event
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WOODCLIFF LAKE, N.J., Sept. 25, 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 its Unity platform has won the Industry Innovation Award 2025 at the International Materials Handling Exhibition (IMHX), Euro...
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12.09.2025
AIOT
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Powerfleet to Attend the Barrington Research Virtual Fall Investment Conference
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WOODCLIFF LAKE, N.J., Sept. 12, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the Barrington Research Virtual Fall Investment Conference on Tuesday, September 16th to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong finan...
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02.09.2025
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US Construction Leader Wright Brothers Selects Powerfleet Unity to Advance On-Road Safety with Leading AI Video SaaS Solution
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New Deployment Reduces Risk, Enhances Driver Culture, and Strengthens Employee Safety
WOODCLIFF LAKE, N.J., Sept. 2, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS), today announced that Wright Brothers Construction, one of the US's most respected c...
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11.08.2025
AIOT
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Powerfleet Drives SaaS Flywheel in Q1 FY2026: 6% Sequential Services Growth, Margin Expansion, and Strong Progress Towards Achieving its EBITDA Expansion Targets
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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.
Adjusted EBITDA increased by 58% to $21.6 million, with adjusted EBITDA margin ex...
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29.07.2025
AIOT
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Powerfleet Sets First Quarter Fiscal 2026 Conference Call for Monday, August 11, 2025, at 8:30 a.m. ET
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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. Eastern time (5:30 a.m. Pacific time) to discuss results for the first quarter fiscal 2026 ended June 30, 2025. Financial results will be issued in a press release prior t...
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21.07.2025
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Powerfleet Ranked by ABI Research as One of the 7 Most Innovative Global Tech Companies
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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...
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15.07.2025
AIOT
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Powerfleet Secures Landmark Deal with SIXT Mexico to Deploy Unity's AIoT Capabilities to Drive Digitally Connected Vehicle Rental Operations
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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...
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10.07.2025
AIOT
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Powerfleet Launches Automated AI Risk Intervention Module for Driver Safety
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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 au...
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20.06.2025
AIOT
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Powerfleet to Attend the Northland Capital Markets Growth Conference
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WOODCLIFF LAKE, N.J., June 20, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the Northland Growth Conference 2025 on Wednesday, June 25th to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong financial discipline and a clea...
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16.06.2025
AIOT
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Powerfleet Reports Annual FY2025 Results: A Breakout Year of Strategic Transformation and Scaled Growth
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Total revenue growth for fiscal 2025 of 26% to $362.5 million, with ~75% SaaS recurring revenue.
Annual adjusted EBITDA climbed 65% year-over-year to $71 million, with adjusted EBITDA margin expanding 500 basis points to 20%.
Q4 total revenue increased 42% year-over-year to $103.6 million, with Service revenue increasing 49% to $81.8m, while adju...
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16.06.2025
AIOT
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EverDriven Expands AI Video Safety Partnership with Powerfleet to Enhance Student Transportation Across 34 States
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WOODCLIFF LAKE, N.J., June 16, 2025 /PRNewswire/ -- Powerfleet (Nasdaq: AIOT), a global leader in AI-powered data intelligence, today announced an expanded deployment of its advanced AI video safety solution with EverDriven Technologies, a trusted leader in alternative student transportation across the United States....
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© PR Newswire
23.05.2025
AIOT
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Powerfleet Provides Business Update Ahead of Upcoming Craig-Hallum and William Blair Conferences
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Shares Preliminary Fiscal Year 2025 Results and Updated Fiscal 2026 OutlookFourth Quarter Fiscal 2025 Conference Call Set for Monday, June 16, 2025
WOODCLIFF LAKE, N.J., May 23, 2025 /PRNewswire/ -- In advance of its participation in the 22nd Annual Craig-Hallum Institutional Investor Conference (May 28) and William Blair's 45th Annual Growth Sto...
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02.05.2025
AIOT
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Powerfleet to Attend the 20th Annual Needham Technology, Media, & Consumer Conference
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WOODCLIFF LAKE, N.J., May 2, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the 20th Annual Needham Technology, Media, & Consumer 1x1 Conference on Thursday, May 8th to meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insigh...
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12.03.2025
AIOT
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Powerfleet to Present at the 37th Annual Roth Conference
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WOODCLIFF LAKE, N.J., March 12, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the 37th Annual Roth Conference on Tuesday, March 18th at 8:00amPT. In addition, management will meet with investors to discuss how Powerfleet is driving meaningful business transformation by leveraging e...
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© PR Newswire
10.03.2025
AIOT
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Powerfleet Launches Unity's AI-Driven In-Warehouse Solutions in partnership with TELUS, Unlocking Major Growth Potential
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Strategic partnership leverages AI-driven technology to transform warehouse safety and efficiency across North America
WOODCLIFF LAKE, N.J., March 10, 2025 /PRNewswire/ -- Powerfleet (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, announces the launch of advanced...
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20.02.2025
AIOT
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Powerfleet Unity Named #1 Global Platform & Solution Portfolio in its Market by ABI Research
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WOODCLIFF LAKE, N.J., Feb. 20, 2025 /PRNewswire/ -- ABI Research, a highly trusted leader in data-driven market intelligence, has awarded Powerfleet (Nasdaq: AIOT), the number one global ranking for innovation in its in-depth and independent assessment of the top ten leading commercial solution providers for mobile assets, judging Powerfleet's Un...
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10.02.2025
AIOT
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Powerfleet Reports Third Quarter 2025 Financial Results
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Q3 revenue rises to $106 million, an increase of 45% year-over-year, with service revenuerepresenting 77% of total revenue
Adjusted EBITDA climbs to $22 million, an increase of 77%, driving an annual run ratesurpassing $85 million— doubling 2024 adjusted EBITDA
FY25 full year guidance increased $10 million for revenue and $2.5 million for adjuste...
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24.01.2025
AIOT
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Powerfleet Sets Third Quarter Fiscal 2025 Conference Call for Monday, February 10, 2025, at 8:30 a.m. ET
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WOODCLIFF LAKE, N.J., Jan. 24, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, February 10, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the third quarter fiscal 2025 ended December 31, 2024. Financial results will be issued in a press release p...
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07.01.2025
AIOT
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Powerfleet Appoints Digital Transformation Expert Mike Powell as Chief Innovation Officer
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WOODCLIFF LAKE, N.J., Jan. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global AIoT leader, announces Mike Powell as Chief Innovation Officer (CINO), effective immediately. Powell brings extensive expertise in organizations generating annual revenues in excess of $1 billion, covering the landscape of both a CTO and CIO, to focus on...
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06.12.2024
AIOT
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Powerfleet to Present at Raymond James 2024 TMT & Consumer Conferences
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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 Tuesday, December 10th at 3:40pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data ins...
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12.11.2024
AIOT
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Powerfleet Reports Second Quarter 2025 Financial Results
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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.
First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million....
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07.10.2024
AIOT
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Powerfleet to Host Investor Day on November 20, 2024
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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 at Sofitel New York in New York, NY as well as virtually. Presentations are scheduled to begin at 1:00 p.m. Eastern time and end at approximately 4:0...
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02.10.2024
AIOT
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Powerfleet Closes Strategic Acquisition of Fleet Complete
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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 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) has successfully closed the previously announced acquisition of Fleet Complete, a prominent player in connected...
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18.09.2024
AIOT
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Powerfleet Announces Strategic Acquisition of Fleet Complete
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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 Transaction Value Representing 8x Pre-Synergy and 5x Post-Synergy Adjusted EBITDA
Acquisition Strengthens Powerfleet's North American Presence, Fuels Top-Lin...
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17.09.2024
AIOT
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ABI Research Ranks Powerfleet as the World's No. 1 Commercial Cold Chain Solution
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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, Inc. (Nasdaq: AIOT) today was named the number one global leader in cold chain monitoring solutions, according to a competitive ranki...
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22.08.2024
AIOT
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Powerfleet Reports First Quarter 2025 Financial Results
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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, driven by unity ecosystem and safety-centric solutions
Cost synergy traction with $8.7 million in annual run-rate savings secured by end of June quar...
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19.08.2024
AIOT
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Powerfleet Announces Successful Resolution of SEC Comment Letter Involving Non-Cash Accounting Issue
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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 Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 on or before August 23rd
WOODCLIFF LAKE, N.J., Aug. 19, 2024 /PRNewswire/ -- Powerfleet,...
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16.08.2024
AIOT
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Powerfleet Announces Receipt of Expected Delinquency Notification Letters from Nasdaq Relating to Non-Compliance with Nasdaq Listing Rule 5250(c)(1)
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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 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that on August 8 and August 15, 2024, the Company received, as expected, written notices from...
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10.06.2024
AIOT
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Powerfleet Set to Join Russell 2000® Index
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Ticker Symbol Changing to AIOT with July 1st Market Open
WOODCLIFF LAKE, N.J., June 10, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced that they are set to join the small-cap Russell 2000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July...
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28.02.2024
AIOT
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Powerfleet and MiX Telematics Receive Shareholder Approval for Proposed Business Combination
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WOODCLIFF LAKE, N.J., Feb. 28, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) today announced they have received shareholder approval on the proposals related to the previously announced business combination between the parties....
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30.01.2024
AIOT
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Powerfleet and MiX Telematics Announce Shareholders Meetings to Vote on Proposed Business Combination
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Completion of Regulatory Milestones Results in Scheduled Shareholders Meetings
WOODCLIFF LAKE, N.J., Jan. 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) today announced that their respective shareholders meetings will be held virtually on Wednesday, February 28, 2024 to vote on the propo...
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