PowerFleet Aims for 10%+ Recurring Revenue Growth with South African Contract Boost
ByAinvest
Monday, Feb 9, 2026 10:58 am ET1min read
AIOT--
PowerFleet outlines a target of 10%+ recurring revenue growth, driven by a landmark South African contract, in Q3 2026. CEO Steve Towe emphasized strong execution and consistency across the combined business. The company aims to capitalize on its expanded scale and opportunities in the rapidly growing IoT market.
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