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PowerFleet (AIOT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
AIOTPowerfleet, Inc.(AIOT) ZACKS·2024-11-13 00:00

PowerFleet (AIOT) reported 77.02millioninrevenueforthequarterendedSeptember2024,representingayear−over−yearincreaseof125.277.02 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 125.2%. EPS of -0.02 for the same period compares to -0.09ayearago.Thereportedrevenuerepresentsasurpriseof+3.320.09 a year ago.The reported revenue represents a surprise of +3.32% over the Zacks Consensus Estimate of 74.54 million. With the consensus EPS estimate being -$0.01, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...