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PowerFleet Inc. (AIOT) Achieves Record Revenue and Strong Organic Growth Despite Wider Net Loss
ByAinvest
Monday, Nov 24, 2025 9:55 am ET1min read
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.
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