PowerFleet, Inc. (AIOT) shares surged 7.19% in pre-market trading on Monday following the release of its impressive fourth-quarter and full-year 2025 financial results. The company, which specializes in Internet of Things (IoT) and mobile asset management solutions, demonstrated significant growth and strategic transformation in its latest report.
For the fourth quarter, PowerFleet reported revenue of $103.6 million and adjusted EBITDA of $20.4 million, showcasing the company's strong financial performance. The full-year results for 2025 were described as "a breakout year of strategic transformation and scaled growth," indicating substantial progress in the company's business strategy and market position.
Adding to the positive momentum, PowerFleet also announced an expansion of its AI video safety partnership with Everdriven to enhance student transportation across 34 states. This strategic collaboration underscores the company's commitment to leveraging advanced technologies for improved safety and efficiency in the transportation sector. The combination of strong financial results and expanding partnerships has instilled confidence in investors, driving the stock's pre-market rally.
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