PowerFleet Inc. (AIOT) Achieves Record Revenue and Strong Organic Growth Despite Wider Net Loss

PowerFleet Inc. (AIOT) achieved record revenue of $111.7 million, driven by strong global traction across direct and indirect channels. The company delivered a wider-than-expected net loss of $4.3 million due to higher interest expenses and non-cash amortization. Despite this, William Blair reiterated an Outperform rating, impressed by the company's second-quarter 2026 results and strong performance across key metrics.