Powerfleet, Inc. (AIOT) Q1 2027 Earnings Call Transcript
Powerfleet, Inc. (AIOT) Q1 2027 Earnings Call Transcript
Powerfleet, Inc. (AIOT) Q1 2027 Earnings Call Transcript
Although the revenue and EPS for PowerFleet (AIOT) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PowerFleet NASDAQ: AIOT reported first-quarter fiscal 2027 revenue growth and higher adjusted EBITDA, while lowering its full-year outlook as it reallocates resources toward a rapidly expanding South African government contract.
Services revenue increased 9.1% to $94.3 million, representing 85% of total revenue of $110.8 million. Cash flow from operating activities increased 79% to $8.4 million.
Dimensional Fund Advisors LP increased its stake in PowerFleet, Inc. (NASDAQ: AIOT) by 20.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,129,670 shares of the company's stock after buying an additional 698,112 shares during the quarter.
Besides Wall Street's top-and-bottom-line estimates for PowerFleet (AIOT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
WOODCLIFF LAKE, N.J., July 27, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, August 10, 2026, at 8:30 a.m.
Michael Casey Rejoins Board of Directors and Is Appointed Chair of the Audit Committee WOODCLIFF LAKE, N.J., July 21, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT; JSE: PWR) today announced that its Board of Directors has appointed Michael Casey to rejoin the Board and serve as Chair of the Audit Committee, effective as of July 15, 2026.
PERTH, Australia--(BUSINESS WIRE)--Powerfleet launches SafeGuard in Australia, AI-powered risk intelligence helping safety teams identify and act on driver risk in real time.
Investors need to pay close attention to AIOT stock based on the movements in the options market lately.
U.S. stocks were lower, with the Nasdaq Composite falling around 200 points on Wednesday.
WOODCLIFF LAKE, N.J., June 30, 2026 /PRNewswire/ -- Powerfleet, Inc. (the "Company") (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, announced that its board of directors has approved a stock repurchase program, authorizing the Company to repurchase, from time to time, up to an aggregate of $30 million of the Company's common stock over the next 24 months.
Powerfleet's Q4 call pointed to a fiscal 2027 growth push built on margin expansion, cash generation, South Africa rollout and enterprise deployments.
PowerFleet is rated a Buy at $4, driven by scale from recent M&A, a robust Unity platform, and accelerating large enterprise wins. AIOT now generates over 80% recurring, high-margin service revenue, with gross margin expanding to 56.5% and significant operating leverage materializing. FY27 guidance targets $485M–$490M revenue (~10% growth), $122M–$125M adjusted EBITDA (~27% growth), and $30M–$35M free cash flow, with leverage expected below 2x.
Powerfleet, Inc. (AIOT) Q4 2026 Earnings Call Transcript
PowerFleet NASDAQ: AIOT said fiscal 2026 marked a major step in its post-combination strategy, with management pointing to stronger recurring revenue growth, higher profitability, improved cash flow and a reduced leverage profile during the company's fourth-quarter and full-year earnings call.
Revenue of $114.5 million for the fourth quarter, increased 11% year-over-year, driven by services revenue of $92.9 million, up 14% Fourth quarter income from operations improved to $11.0 million from a $7.0 million loss in the prior-year quarter, while net loss improved 78% to $2.7 million Adjusted EBITDA of $26.4 million for the fourth quarter, up 42% year-over-year, with a margin of 23% Signed a landmark South African National Treasury five-year agreement anticipated to deliver $100 million to $120 million in total contract value WOODCLIFF LAKE, N.J., June 15, 2026 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, today reported its financial results for the fourth quarter and fiscal year ended March 31, 2026.
Evaluate the expected performance of PowerFleet (AIOT) for the quarter ended March 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
WOODCLIFF LAKE, N.J., June 1, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, June 15, 2026, at 8:30 a.m.
WOODCLIFF LAKE, N.J., May 29, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend June 2026 investor conferences to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong financial discipline and a clear roadmap to shareholder value as follows: Wednesday, June 3, 2026: William Blair's 46th Annual Growth Stock Conference Tuesday, June 23, 2026: Northland Growth Conference 2026 ABOUT POWERFLEET Powerfleet (Nasdaq: AIOT ; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry.