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PowerFleet, Inc.

PWFL•NASDAQ
Technology
Communication Equipment
$4.57
$0.01(0.22%)
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Financial performance has remained strong, with revenue growing from $34.20M in Q3 2023 to $75.43M in Q2 2024. Gross profit continued to perform well, with margins at 53% in the latest quarter. Operating income reached -$18.23M in Q2 2024, holding a steady -24% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$18.23M. Net income dropped to -$22.34M, keeping EPS at -$0.21. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.

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