Michael Casey Rejoins Board of Directors and Is Appointed Chair of the Audit CommitteeWOODCLIFF LAKE, N.J., July 21, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT, JSE: PWR)) today announced that its Board of Directors has appointed Michael Casey to rejoin the Board and serve as Chair of the Audit Committee, effective as of July 15, 2026. Mr. Casey previously served as a director of Powerfleet from September 2016 until the closing of the Company's combination with MiX Telematics. Michael McConnell has resigned from the Company's Board of Directors and as Chair of its Audit Committee, effective July 15, 2026. "We are very p

Real-time risk management solution helps Australian on-road safety teams proactively identify high-risk driver behaviour and focus attention where it matters most Powerfleet, a global leader in AIoT software-as-a-service (SaaS) solutions for mobile asset management, today announced the Australian launch of SafeGuard, an AI-powered risk intelligence solution designed to help operators identify, prioritise and address high-risk on-road driver behaviour in real time. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260624116649/en/A fleet safety manager monitors driver risk in real time using SafeGuard, Powerfleet's AI-powered risk

WOODCLIFF LAKE, N.J., June 30, 2026 /PRNewswire/ -- Powerfleet, Inc. (the "Company") (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, announced that its board of directors has approved a stock repurchase program, authorizing the Company to repurchase, from time to time, up to an aggregate of $30 million of the Company's common stock over the next 24 months. The stock repurchase program provides the Company with flexibility to repurchase shares opportunistically as part of its broader capital alloca

Revenue of $114.5 million for the fourth quarter, increased 11% year-over-year, driven by services revenue of $92.9 million, up 14%Fourth quarter income from operations improved to $11.0 million from a $7.0 million loss in the prior-year quarter, while net loss improved 78% to $2.7 millionAdjusted EBITDA of $26.4 million for the fourth quarter, up 42% year-over-year, with a margin of 23%Signed a landmark South African National Treasury five-year agreement anticipated to deliver $100 million to $120 million in total contract valueWOODCLIFF LAKE, N.J., June 15, 2026 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (NASDAQ:AIOT), a global leader in the artificial intelligence of

WOODCLIFF LAKE, N.J., June 1, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, June 15, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the fourth quarter and fiscal year 2026 ended March 31, 2026. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session.Date: Monday, June 15, 2026Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973-528-

WOODCLIFF LAKE, N.J., May 29, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that management is scheduled to attend June 2026 investor conferences to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong financial discipline and a clear roadmap to shareholder value as follows: Wednesday, June 3, 2026: William Blair's 46th Annual Growth Stock ConferenceTuesday, June 23, 2026: Northland Growth Conference 2026ABOUT POWERFLEETPowerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial intel

WOODCLIFF LAKE, N.J., May 27, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced a strategic partnership with Accenture, marking a significant step forward in expanding intelligent safety technologies across Central Europe. As part of this collaboration, Accenture has selected Powerfleet as a strategic safety solutions partner, actively promoting and recommending Powerfleet's end-to-end portfolio, including its Connected Warehouse and on-road safety solutions, to its en

WOODCLIFF LAKE, N.J., May 11, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that management is scheduled to attend May 2026 investor conferences to meet with investors to discuss Powerfleet's AIoT platform that is already delivering results at scale with strong financial discipline and a clear roadmap to shareholder value as follows: Wednesday, May 13, 2026: 21st Annual Needham Technology, Media, & Consumer ConferenceThursday, May 28, 2026: 23rd Annual Craig-Hallum Institutional Investor ConferenceABOUT POWERFLEETPowerfleet (Nasdaq: AIOT; JSE: PWR) is a glo

New safety technology helps protect kids, drivers and communities with a smarter 360° view around every vehicleVANCOUVER, BC, May 7, 2026 /CNW/ - TELUS and Powerfleet, a global leader in Artificial-Intelligence-of-Things Software-as-a-Service (AIoT SaaS) solutions, today announced a strategic partnership to bring advanced AI-driven vehicle safety technology to the Canadian market. This collaboration enables TELUS to introduce a powerful safety solution to Canada, called Vision 360, which uses artificial intelligence and multiple cameras to provide commercial drivers with a complete, real-time view around their vehicle, helping prevent accidents before they happen.

Enterprise and mid-market launch expands high-value AI video SaaS capabilities and strengthens recurring revenue opportunities.WOODCLIFF LAKE, N.J., April 27, 2026 /PRNewswire/ -- Powerfleet (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, announced today the launch of Vision 360 Plus, an AI-powered video multi-camera 360° coverage solution designed to enhance operational visibility and driver safety. In partnership with TELUS, a global communications technology leader serving more than 20 million customer connections, Po

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WOODCLIFF LAKE, N.J., Feb. 3, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced a board leadership transition. The Board has appointed Andrew Martin as the new Chairman, effective immediately. Michael Brodsky has stepped down from the Board of Directors after 12 years of dedicated service. "Having witnessed multiple iterations of Powerfleet for more than a decade I feel so privileged to have been part of this incredible journey," said Michael Brodsky. "Undoubtedly, Po

WOODCLIFF LAKE, N.J., Oct. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, announces Jeff Lautenbach as Chief Revenue Officer (CRO), effective immediately. Jeff brings extensive experience leading global revenue organizations generating $500 million in annual recurring revenue, underscoring Powerfleet's commitment to scaling as a world-class SaaS powerhouse. As CRO, Jeff will lead Powerfleet's worldwide revenue engine, driving global go-to-market strategy and execution, optimizi

WOODCLIFF LAKE, N.J., Jan. 7, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT), a global AIoT leader, announces Mike Powell as Chief Innovation Officer (CINO), effective immediately. Powell brings extensive expertise in organizations generating annual revenues in excess of $1 billion, covering the landscape of both a CTO and CIO, to focus on advancing both Powerfleet's customer solutions and internal operations. As CINO, Powell will lead Powerfleet's evolution by integrating internal transformation with cutting-edge customer technologies and continuing to enhance the compan

Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ending March 31, 2024 and 2025 WOODCLIFF LAKE, N.J., July 25, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that, on July 19, 2024, the audit committee of Powerfleet's board of directors approved the appointment of Deloitte & Touche, the incumbent auditor of MiX Telematics Ltd., as its independent registered public accounting firm for the fiscal year ending March 31, 2025 subject to satisfactory completion of Deloitte & Touche's client acceptance procedures, which are in the process of being completed.

Revenue of $114.5 million for the fourth quarter, increased 11% year-over-year, driven by services revenue of $92.9 million, up 14%Fourth quarter income from operations improved to $11.0 million from a $7.0 million loss in the prior-year quarter, while net loss improved 78% to $2.7 millionAdjusted EBITDA of $26.4 million for the fourth quarter, up 42% year-over-year, with a margin of 23%Signed a landmark South African National Treasury five-year agreement anticipated to deliver $100 million to $120 million in total contract valueWOODCLIFF LAKE, N.J., June 15, 2026 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (NASDAQ:AIOT), a global leader in the artificial intelligence of

WOODCLIFF LAKE, N.J., June 1, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, June 15, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the fourth quarter and fiscal year 2026 ended March 31, 2026. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session.Date: Monday, June 15, 2026Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973-528-

Total revenue increased 7% year-over-year to a record $113.5 million from $106.4 million in Q3 FY25 Services revenue increased 11% to $91.1 million from $81.7 million in Q3FY25 Operating profit of $6.3 million, compared to an operating loss of $1.2 million in Q3 FY25 Net Loss improved to $3.4 million compared to $14.3 million in Q3 FY25 Adjusted EBITDA increased 26% to $25.7 million from $20.5 million in Q3 FY25 WOODCLIFF LAKE, N.J., Feb. 9, 2026 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (NASDAQ:AIOT) reported its financial results for the third quarter ended December 31, 2025.

WOODCLIFF LAKE, N.J., Jan. 26, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, February 9, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the third quarter fiscal 2026 ended December 31, 2026. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, February 9, 2026Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973-5

Total revenue of $111.7 million, an increase of 45% in total and 9% organically year-over-year from $77.0M in Q2 FY25. Services revenue of $89.3 million, an increase of 57% in total and 12% organically year-over-year from $56.7 million in Q2 FY25. Gross profit of $62.6 million, an increase of 11% sequentially from $56.5 million in Q1 FY26. Raising FY26 total revenue guidance to $435-$445 million from $430-$440 million. WOODCLIFF LAKE, N.J., Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (NASDAQ:AIOT) reported its financial results for the second quarter ended September 30, 2025.

WOODCLIFF LAKE, N.J., Oct. 27, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, November 10, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal 2026 ended September 30, 2025. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, November 10, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 9

Quarterly services revenue jumped by 6% sequentially to $86.5 million, increasing from $81.8 million in Q4'25. Total revenue grew by 38% year-over-year to $104.1million driven by strength in services revenue, which increased to a record high of 83% of total revenue. Adjusted EBITDA increased by 58% to $21.6 million, with adjusted EBITDA margin expanding 260 basis points to 21%. Gross profit increased year over year by $16.8 million to $56.5 million, with adjusted EBITDA gross margins expanding by 3% to 67%. The EBITDA expansion program delivered $11 million in annual savings exiting the first quarter of FY26, achieving 60% of the full-year target of $18 million. FY26 total revenue guidance r

WOODCLIFF LAKE, N.J., July 29, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) today announced that it will hold a conference call on Monday, August 11, 2025, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the first quarter fiscal 2026 ended June 30, 2025. Financial results will be issued in a press release prior to the call. Powerfleet management will host the presentation, followed by a question-and-answer session. Date: Monday, August 11, 2025Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)Toll Free: 888-506-0062International: 973-528-001

Total revenue growth for fiscal 2025 of 26% to $362.5 million, with ~75% SaaS recurring revenue. Annual adjusted EBITDA climbed 65% year-over-year to $71 million, with adjusted EBITDA margin expanding 500 basis points to 20%. Q4 total revenue increased 42% year-over-year to $103.6 million, with Service revenue increasing 49% to $81.8m, while adjusted EBITDA grew 84% to $20.4 million. Q4 total adjusted gross margin exceeded 60%, compared to 53% in the prior year. Extended Conference Call to be Held at 8:30am ET; Slide Presentation Accessible Here WOODCLIFF LAKE, N.J., June 16, 2025 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:AIOT) reported its financial results for the fiscal year and the fourth

Shares Preliminary Fiscal Year 2025 Results and Updated Fiscal 2026 OutlookFourth Quarter Fiscal 2025 Conference Call Set for Monday, June 16, 2025 WOODCLIFF LAKE, N.J., May 23, 2025 /PRNewswire/ -- In advance of its participation in the 22nd Annual Craig-Hallum Institutional Investor Conference (May 28) and William Blair's 45th Annual Growth Stock Conference (June 4), Powerfleet, Inc. (NASDAQ:AIOT) today provided a business update, including preliminary financial results for fiscal year 2025 and an initial outlook for fiscal 2026. Preliminary Fiscal Year 2025 Results Powerfle

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