PowerFleet (AIOT) Reports Strong Q1 2026 Earnings with Revenue and EBITDA Growth
PowerFleet (AIOT) reported strong Q1 2026 earnings, with service revenue growing 53% year-over-year and total revenue increasing 38% YoY. Adjusted EBITDA rose 58% YoY to $21.6 million, exceeding expectations, while the company also noted improvements in gross margins and debt metrics.
Tickers: $AIOT
Topics: AI video ARR cost savings customer growth earnings EBITDA recurring revenue revenue growth SaaS