| (USD) | Jun 2023 | Q/Q |
|---|---|---|
| Revenue | 32MM | -2% |
| Gross Profit | 16MM | -4% |
| Cost Of Revenue | 16MM | -1% |
| Operating Income | -3.1MM | +66% |
| Operating Expenses | 19.2MM | +4% |
| Net Income | -3MM | -162% |
| R&D | 2.2MM | +26% |
| G&A | 17MM | +1% |
| Amortization | 1.3MM | +9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Powerfleet, Inc. (Nasdaq: PWFL) will host a virtual fireside chat for analysts and shareholders 30 days into the business combination with MiX Telematics, which created a top-tier global AIoT SaaS provider with total revenue of $284 million and EBITDA of $43 million, as well as the opportunity to reach Rule of 40 performance within two years. The chat will take place on Tuesday, April 30, 2024, with presentations scheduled to begin at 9:30 a.m. Eastern time, followed by a Q&A session, with the e
Finding possibilities in investing frequently depends on finding companies attached to rapid expansion and value generation. Examine these three prospects, each selling at less than $10 per share and expected to see significant returns by 2027. With a significant growth in overall revenue in 2023, the first one stands out for its strategic pivot towards Software as a Service revenue. This change aligns the business with consumer preferences for subscription-based business models. Similarly, the
Powerfleet, Inc. (Nasdaq: PWFL) today was announced as a finalist by the Business Intelligence Group for the Artificial Intelligence Excellence Awards program. This award recognizes organizations, products, and people who bring Artificial Intelligence (AI) to life and apply it to solve real-world problems.
Powerfleet, Inc. (Nasdaq: PWFL) today announced its intention to adjust its historical accounting treatment for the redemption premium associated with its Series A convertible preferred stock, which was fully redeemed in connection with the closing of the Company's business combination with MiX Telematics Limited on April 2, 2024, due to a technical accounting issue. This will result in the restatement of its financial statements for the fiscal years ended December 31, 2021 and 2022, and for eac
Finding good chances is essential to optimizing profits and staying ahead of the curve in the fast-paced world of finance. Three are among the many promising alternatives for the technology industry. First, investors stand to gain greatly from the first one’s explosive revenue growth. The company exhibits tenacity and flexibility in the face of obstacles in the mobile gaming sector, solidifying its position as a dominant player. The second has a new profitable frontier derived from a strategic s
Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited have successfully closed their previously announced business combination, forming one of the world's largest mobile asset Artificial Intelligence of Things (AIoT) Software-as-a-Service (SaaS) providers. This powerful combination creates a scaled, global entity of choice focused on unifying business operations by simplifying how customers manage, analyze, and utilize data to drive improved business performance.
In most cases, investors should stay away from penny stocks. They’re wild, they’re unpredictable and they tend to lose their stakeholders money more so than they return. It’s just not a good place to consistently bolster your portfolio. That said, the allure of penny stocks is understandable. Basically, they benefit from the law of small numbers. It doesn’t take much “energy” to move a small object up a ladder as compared to a heavy, bulky item. In similar fashion, if the stars align just right,
Finding hidden jewels in the stock market ready for explosive development — especially stocks under $5 — is like finding hidden treasure on the ocean floor. Out of all the alternatives, three companies stand out as strong candidates. They are all under $5 and can beat the market. Conventional hardware sales previously constrained the first one. The company can fly high by adopting the Software as a Service (SaaS) business model. Meanwhile, a merger promises growth with a complete revolution in t
PowerFleet, Inc. (NASDAQ:PWFL) Q4 2023 Earnings Call Transcript March 12, 2024 PowerFleet, Inc. misses on earnings expectations. Reported EPS is $-0.13 EPS, expectations were $-0.01. PowerFleet, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. Welcome to PowerFleet’s […]
Q4 2023 PowerFleet Inc Earnings Call