Powerfleet Reports Second Quarter 2025 Financial Results
Portfolio Pulse from
Powerfleet reported strong financial results for Q2 FY25, with a 7% increase in revenue to $77 million and a 41% rise in Adjusted EBITDA to $14.5 million. The first half of FY25 also exceeded expectations, with revenue up 9% to $152.4 million and Adjusted EBITDA up 46% to $28.2 million.
November 12, 2024 | 12:15 pm
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POSITIVE IMPACT
Powerfleet's Q2 FY25 financial results show significant growth, with revenue up 7% and Adjusted EBITDA up 41%, indicating strong business execution post-MiX combination.
The significant increase in both revenue and Adjusted EBITDA suggests strong operational performance and successful integration post-MiX combination, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100