Powerfleet Changes Fiscal Year End From December 31, 2024 To March 31, 2024, Effective Immediately; Reiterates Its Guidance For Revenue And Adjusted EBITDA For Powerfleet And MiX Telematic
$PWFL
Telecommunications Equipment
Telecommunications
Files 10-K for the Year Ended December 31, 2023
Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ended March 31, 2024
WOODCLIFF LAKE, N.J., May 9, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:PWFL) today announced that its board of directors has determined to change its fiscal year end to March 31 from December 31, effective immediately. The primary purpose of the change is to align the company's reporting calendar with the April 2, 2024 close of its business combination with MiX Telematics and MiX Telematics's historical March 31 fiscal year end.