Powerfleet Raised Its 2025 Outlook: Now Expects Revenue To Exceed $362.5M, Up $10M From Prior $352.5M Guidance And Adjusted EBITDA To Exceed $75M, Up $2.5M From Prior
Benzinga
02-10
FULL-YEAR 2025 FINANCIAL OUTLOOK
We are raising our full-year 2025 guidance to reflect the strength of our year-to-date financial performance and the accounting impact of Fleet Complete's conversion from Canadian accounting standards to U.S. GAAP.
Annual revenue is now expected to exceed $362.5 million, a $10 million increase from our prior guidance of approximately $352.5 million.
Adjusted EBITDA is now expected to exceed $75 million, a $2.5 million increase from our prior guidance of $72.5 million, with both figures inclusive of $5 million in secured annualized run-rate synergies.