PowerFleet ($AIOT) Beats Earnings Estimates with Adjusted EPS of $0.02 in Q4 2024

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PowerFleet (AIOT) announced its Q4 2024 financial results before the market opened.

The company reported revenue of $103.64 million, slightly surpassing estimates of $103.59 million and marking a 200.6% increase compared to $34.5 million a year ago.

Adjusted earnings came in at $0.02 per share, beating the expected loss of $0.02 and improving from a loss of $0.07 per share in the same period last year.