earnings
confidence high
sentiment positive
materiality 0.75
Powerfleet Q2 FY25 revenue up 7% to $77M, adjusted EBITDA +41% to $14.5M; reaffirms FY25 guidance
Powerfleet, Inc.
2025-Q2 EPS
reported -$0.23
vs consensus -$0.01
▼ miss
(-2154.9%)
- Total revenue $77.0M (+7% YoY); product revenue $20.3M (+13%); service revenue $56.7M (+5%).
- Adjusted EBITDA $14.5M (+41% YoY); net loss $1.9M ($(0.02) per share); adjusted EPS $0.02.
- Secured $13.5M annual cost synergies (50% of $27M target) within 6 months of MiX combination close.
- Full-year FY25 guidance reaffirmed: revenue >$352.5M, adjusted EBITDA >$72.5M, inclusive of Fleet Complete.
- Pro forma net debt $121M; higher net receivables from strong top-line performance increased working capital.