Stock Track | PowerFleet Soars 7.19% Pre-market on Strong Q4 Results and Strategic Partnerships

Stock Track
06-16

PowerFleet, Inc. (AIOT) shares surged 7.19% in pre-market trading on Monday, following the release of its fourth-quarter and full-year 2025 financial results. The company, which specializes in Internet of Things (IoT) and M2M solutions, reported impressive figures that exceeded market expectations.

According to the company's announcement, PowerFleet's Q4 revenue reached $103.6 million, marking a significant improvement from the previous year. Additionally, the adjusted EBITDA for the quarter stood at $20.4 million, indicating strong profitability and operational efficiency. The full-year 2025 results were described as "a breakout year of strategic transformation and scaled growth," suggesting that the company's long-term strategies are bearing fruit.

Further boosting investor confidence, PowerFleet also announced an expansion of its AI video safety partnership with Everdriven. This collaboration aims to enhance student transportation across 34 states, potentially opening up new revenue streams and solidifying PowerFleet's position in the education sector. The market's positive reaction to these developments underscores the growing importance of IoT and AI-driven solutions in various industries, particularly in safety and logistics.

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