Powerfleet Inc. Reports Increased Headline Loss Per Share for Fiscal Year Ending March 31, 2025

Reuters
27 Jun
Powerfleet Inc. Reports Increased Headline Loss Per Share for Fiscal Year Ending March 31, 2025

Powerfleet Inc., a global provider of AIoT solutions for managing high-value enterprise and mid-market assets, has released its financial results for the fiscal year ending March 31, 2025. The company reported a headline loss per share, calculated in accordance with GAAP, reflecting its ongoing operational and trading activities. Powerfleet highlighted a continued focus on improving operational efficiencies through its AIoT solutions. However, detailed figures regarding sales or revenue variations, net income or profit, and specific financial guidance for the future were not disclosed in the report. The financial results underline Powerfleet's commitment to providing valuable business intelligence to its clients while navigating the challenges inherent in the global market landscape. The company remains headquartered in Woodcliff Lake, New Jersey, with offices worldwide, underscoring its global reach and operational capability in providing innovative solutions.

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