PowerFleet Reports Q2 Loss, Beats Revenue Expectations

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded10 Nov 2025

Publisherfeeds.acast.com ↗

Handlerec:2198854

Show notes

PowerFleet, a fleet tracking tech company, reported a Q2 net loss of $4.3M, but a positive adjusted earnings of $0.02 per share. Despite the loss, revenue of $111.7M exceeded expectations. PowerFleet anticipates full-year revenue between $435M and $445M. Shares closed at $4.89, down from $5.40 a year ago.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.