PowerFleet: Fiscal Q1 Earnings Snapshot [Yahoo! Finance]
PowerFleet, Inc. (AIOT)
Company Research
Source: Yahoo! Finance
On a per-share basis, the Woodcliff Lake, New Jersey-based company said it had a loss of 21 cents. The maker of tracking and communications technology for fleet vehicles posted revenue of $75.4 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $71.1 million. PowerFleet expects full-year revenue of $300 million. The company's shares closed at $4.89. A year ago, they were trading at $1.95. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIOT at https://www.zacks.com/ap/AIOT
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News
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- Powerfleet, Inc. (NASDAQ: AIOT) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $10.00 price target on the stock.MarketBeat