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Powerfleet (AIOT)
NASDAQ:AIOT
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
<0.01Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 10, 2025
|% Change Since: 24.87%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance with significant revenue and EBITDA growth, successful cost synergies, and major new deals. However, there were notable one-time costs, an increase in sales expenses, and a net loss reported. Overall, the highlights significantly outweigh the lowlights, indicating a positive outlook.Company Guidance
During the PowerFleet's Third Quarter 2025 earnings call, held on February 10, 2025, the company provided robust guidance for the upcoming quarters. PowerFleet reported a 45% year-over-year increase in quarterly revenue, reaching $106 million, with service revenues making up 77% of total revenue. Adjusted EBITDA rose by 77% to $22 million, with an annual run rate surpassing $85 million. The company achieved $15 million in annualized cost synergies and aims to realize an additional $21 million over the next 18 months. PowerFleet raised its fiscal 2025 guidance, projecting annual revenue to exceed $362.5 million and EBITDA to surpass $75 million. The call highlighted strategic initiatives, including significant wins such as a large deal with a global beverage company and expanded opportunities through partnerships with AT&T and Telus. The company is focused on leveraging its Unity platform and AI video solutions to drive further growth and market penetration.Significant Revenue Growth
Quarterly revenue in Q3 reached $106 million, a $33 million increase, representing a 45% growth year-over-year.
Strong Adjusted EBITDA Growth
Adjusted EBITDA came in at $22 million, a $10 million increase year-over-year, reflecting a 77% growth rate.
Cost Synergy Achievements
An exceptional $15 million in annualized savings secured, with a plan to exceed $60 million by year-end.
Major New Deals
Secured a major deal in North America for in-warehouse solutions with a large beverage company, with a potential $25 million to $30 million total contract value.
AI Camera Solution Growth
Fleet Complete’s AI camera solution sales volumes up 52% year-over-year through its largest telco partner.
Expansion of R&D Team
R&D team expanded from 85 to 400 engineers, enabling accelerated execution of the Unity product roadmap.
Increased Fiscal Year Guidance
Annual revenue expected to exceed $362.5 million, up from prior guidance of $352.5 million. Annual EBITDA expected to exceed $75 million, up from $72.5 million.
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AIOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AIOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 10, 2025 | $5.95 | $7.80 | +31.09% |
| Nov 12, 2024 | $5.49 | $5.21 | -5.10% |
| Aug 22, 2024 | $4.89 | $4.87 | -0.41% |
| May 09, 2024 | $5.04 | $5.20 | +3.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Powerfleet (AIOT) report earnings?
Powerfleet (AIOT) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Powerfleet (AIOT) earnings time?
Powerfleet (AIOT) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AIOT EPS forecast?
AIOT EPS forecast for the fiscal quarter 2025 (Q4) is <0.01.
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