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 insights for its customers and underpinning their digital transformations.   ABOUT POWERFLEETPowerfleet (NASDAQ:AIOT) is a global leader in AI-powered data solutions that optimize mobile asset performance, safety, and sustainability. Powerfleet U

In the news release, Powerfleet to Present at the 37th Annual Roth Conference, issued 12-Mar-2025 by Powerfleet over PR Newswire, we are advised by the company that the timing of the conference has changed to "PT" rather than "ET". The complete, corrected release follows: Powerfleet to Present at the 37th Annual Roth Conference 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 effective data insigh

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 8:00amET. In addition, management will meet with investors to discuss how Powerfleet is driving meaningful business transformation by leveraging effective data insights to support its customers' digital evolution. The link to the live webcast of the Company's presentation will be available by visiting Powerfleet's website at https://ir.powerfleet.com/events-presentations/events.

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 Unity in-warehouse solutions through its TELUS partnership, enhancing safety, workforce retention, and operational efficiency in Canada and the United States. TELUS, a global leader in communications technology with over 20 million cust

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 Unity ecosystem and product portfolio to be the elite solution set in the industry. This highly coveted recognition was awarded based on a broad and deep-reaching set of categories for innovation, including quality and comprehensiveness o

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 adjustedEBITDA Meaningful increase in adjusted gross margin performance, with total adjusted grossmargins now above 60%, and adjusted service gross margins approaching 70%  Post-M&A integration ahead of schedule, priming for double digit growth trajectory in FY26 WOODCLIFF LAKE, N.J., Feb. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) reported its

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 prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, February 10, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973

WOODCLIFF LAKE, N.J., Jan. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that management is scheduled to present at the 27th Annual Needham Growth Conference on Tuesday, January 14th at 4:30pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.   The link to the live webcast of the Company's presentation will be available by visiting Powerfleets website at https://ir.powerfleet.com/events-presentations/events. ABOUT

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 advancing both Powerfleet's customer solutions and internal operations. As CINO, Powell will lead Powerfleet's evolution by integrating internal transformation with cutting-edge customer technologies and continuing to enhance the compan

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 insights for its customers and underpinning their digital transformations. The link to the live webcast of the Company's presentation will be available by visiting Powerfleets website at https://ir.powerfleet.com/events-presentations/events. A

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 advancing both Powerfleet's customer solutions and internal operations. As CINO, Powell will lead Powerfleet's evolution by integrating internal transformation with cutting-edge customer technologies and continuing to enhance the compan

Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ending March 31, 2024 and 2025 WOODCLIFF LAKE, N.J., July 25, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that, on July 19, 2024, the audit committee of Powerfleet's board of directors approved the appointment of Deloitte & Touche, the incumbent auditor of MiX Telematics Ltd., as its independent registered public accounting firm for the fiscal year ending March 31, 2025 subject to satisfactory completion of Deloitte & Touche's client acceptance procedures, which are in the process of being completed.

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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 adjustedEBITDA Meaningful increase in adjusted gross margin performance, with total adjusted grossmargins now above 60%, and adjusted service gross margins approaching 70%  Post-M&A integration ahead of schedule, priming for double digit growth trajectory in FY26 WOODCLIFF LAKE, N.J., Feb. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) reported its

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 prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, February 10, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973

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.  50% of the planned two-year annualized cost synergy target of $27 million secured within 6 months of the close of the MiX combination. WOODCLIFF LAKE, N.J., Nov. 12, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) reported its financial results for the second quarter ended September 30, 2024. This marks the second full quarter following the clos

WOODCLIFF LAKE, N.J., Oct. 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Tuesday, November 12, 2024, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal 2025 ended September 30, 2024. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Tuesday, November 12, 2024Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International:

WOODCLIFF LAKE, N.J., Sept. 25, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) will host a fireside chat with analysts and investors on October 2 at 8.30 a.m. Eastern Time, to discuss the previously announced acquisition of Fleet Complete by Powerfleet, which immediately creates an undisputed top tier leader in the global AIoT SaaS industry. Attendees will hear from key members of the Powerfleet and Fleet Complete leadership teams as they discuss their excitement for the combination's enhanced market position, focusing on the better together plan for customers, shareholde

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-Line Growth in Europe and Australia, and Extends Go-to-Market Reach through Scaled Indirect Channel Transaction Accelerates Powerfleet's Momentum towards Achieving Long-Term 20%+ Organic Revenue Growth and Rule of 40 Performance Creates Highly Effective Combined Global Entity with over 2.6 Million Combined Subscribers and 2,500 Employees with Dedicated

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 quarter WOODCLIFF LAKE, N.J., Aug. 22, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), reported its financial results for the first quarter ended June 30, 2024. This marks the first full quarter post-close of the MiX Telematics Ltd. business combination with prior year comparison numbers adjusted to reflect the pro forma financial performance of the

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, Inc. (NASDAQ:AIOT) today announced that, on August 16, 2024, it received a letter from the U.S. Securities and Exchange Commission (SEC) indicating that the SEC has completed its review regarding Powerfleet's determination that it is the accounting acquirer in the recent business combination with MiX Telematics Ltd.

Outpaces Expectations with 10% Preliminary Pro Forma Annual Revenue Growth to Approximately $75 Million Subscriber Count Increases Year-over-Year by 11% to 1.95 Million Cost Synergies and EBITDA Growth Outperform Expectations Due to Effective Integration Delays Q1 Fiscal 2025 Conference Call and Related Filings Due to SEC Comment Letter on Accounting Acquirer in MiX Telematics Business Combination Company to Hold Fireside Chat on Tuesday, August 6th at 8:30am ET WOODCLIFF LAKE, N.J., Aug. 5, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced a delay of its earnings call for the first fiscal quarter ended June 30, 2024, originally scheduled for August 8, 2024. This follows th

WOODCLIFF LAKE, N.J., July 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Thursday, August 8, 2024, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the first quarter fiscal 2025 ended June 30, 2024. This will represent the first quarterly report for the combined company following Powerfleet's combination with Mix Telematics Ltd. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session