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PowerFleet, Inc.

PWFL•NASDAQ
Technology
Communication Equipment
$4.57
$0.01(0.22%)
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Over the past four quarters, PowerFleet, Inc. demonstrated steady revenue growth, increasing from $34.20M in Q3 2023 to $75.43M in Q2 2024. Operating income reached -$18.23M in Q2 2024, maintaining a consistent -24% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$18.23M, reflecting operational efficiency. Net income dropped to -$22.34M, with EPS at -$0.21. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.

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