PowerFleet Q3 Earnings Call Highlights
Adjusted EBITDA rose 26% year over year to $25.7 million, and adjusted EBITDA margin expanded 4 percentage points to 23%, reflecting operating leverage and continued execution on integration and cost synergy initiatives, according to CFO David (last name not provided in the transcript). Net leverage improved, with net debt to adjusted EBITDA at 2.7x exiting the quarter.The company reported services revenue growth of 11% year over year, with services representing 80% of total revenue. Total revenue increased ...