Reports Q2 revenue $111.7M, consensus $105.5M. “Q2 was a defining quarter for Powerfleet (AIOT), marked by record revenue and strong performance across key financial and operational metrics,” said Steve Towe, Chief Executive Officer of Powerfleet. “A quarterly sequential increase in total revenue of more than 7%, driven by expanding momentum in our AI-powered SaaS solutions and solid growth across our core global markets, is extremely encouraging.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIOT:
