PowerFleet Q4 Financial Update: Revenue Surpasses Projections, Non-GAAP EPS Slightly Lower

Tuesday, 12 March 2024, 11:06

PowerFleet released its Q4 financial results, with revenue exceeding expectations while Non-GAAP EPS fell slightly short. Despite a revenue beat of $0.56M and a growth of 4.2% YoY, the Non-GAAP EPS of -$0.07 missed estimates by $0.05. Additionally, the company reported an Adjusted EBITDA of $2.9 million.
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PowerFleet Q4 Financial Update: Revenue Surpasses Projections, Non-GAAP EPS Slightly Lower

PowerFleet Q4 Financial Results:

PowerFleet press release (PWFL): Q4 Non-GAAP EPS of -$0.07 misses by $0.05. Revenue of $34.5M (+4.2% Y/Y) beats by $0.56M.

Financial Metrics:

  • Non-GAAP EPS: -$0.07
  • Revenue: $34.5M (+4.2% Y/Y)
  • Adjusted EBITDA: $2.9 million

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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