Powerfleet Reports Second Quarter 2025 Financial Results
Powerfleet, Inc.(AIOT) Prnewswire·2024-11-12 20:00
Q2 FY25 revenue up 7%, to $77.0 million, and Adjusted EBITDA up 41%, to $14.5 million year-over-year, demonstrating continued strong execution of the immediate business objectives post-MiX combination.First half FY25 results exceeded expectations with revenue up 9%, to $152.4 million and Adjusted EBITDA up 46% year-over -year, to $28.2 million. 50% of the planned two-year annualized cost synergy target of $27 million secured within 6 months of the close of the MiX combination.WOODCLIFF LAKE, N.J., Nov. 12, ...