Powerfleet (AIOT) expects to deliver strong full-year performance in line with, or ahead of, previously communicated guidance: Total Revenue is expected to be approximately $362.5 million, an increase of +25% year-over-year, in line with previous guidance. Adjusted EBITDA is expected to be approximately $71 million, representing 65% growth year-over-year. During the year, the company realized $16 million in annual cost synergies, with $11 million of that benefit recognized within the fiscal year. Including the additional $5 million in fully realized run-rate synergies, proforma adjusted EBITDA is expected to be $76 million, exceeding prior base guidance of $75 million.Net adjusted debt is expected to be approximately $230 million, better than the previous guidance of $235 million. “Fiscal 2025 was a milestone year,” said Steve Towe, Chief Executive Officer. “We delivered 65% adjusted EBITDA growth and 25% total revenue growth, inclusive of 7% organic growth, in our core business-clear proof of strong demand, disciplined execution, and the impact of our integration efforts. These results reflect the strength of our team and the solid progress we’re making on our strategic priorities.”
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