PowerFleet (PWFL) News
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PWFL News Highlights
- PWFL's 30 day story count now stands at 2.
- Over the past 17 days, the trend for PWFL's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest PWFL News From Around the Web
Below are the latest news stories about POWERFLEET INC that investors may wish to consider to help them evaluate PWFL as an investment opportunity.
A number of insiders bought PowerFleet, Inc. (NASDAQ:PWFL) stock last year, which is great news for shareholdersIt is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it... |
PowerFleet: The Best Kept Secret In IoT (NASDAQ:PWFL)PowerFleet experienced headwinds and rationalization efforts in 2022, but things are already improving. Read more to see why PWFL stock is a Buy. |
Powerfleet Appoints Seasoned Executive David Wilson as Chief Financial OfficerWOODCLIFF LAKE, N.J., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Powerfleet, Inc. (Nasdaq: PWFL), a global leader of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations, has appointed David Wilson as the company’s new Chief Financial Officer (CFO). Wilson brings more than 20 years of executive leadership and finance experience in both the public and private markets. He has successfully led companies thro |
PowerFleet (NASDAQ:PWFL shareholders incur further losses as stock declines 15% this week, taking five-year losses to 65%We think intelligent long term investing is the way to go. But no-one is immune from buying too high. To wit, the... |
Introducing Powerfleet Unity, the IoT Platform that Brings People, Assets, and Data Together to Transform Business OperationsPowerfleet launches platform to deliver complete visibility and extensive business intelligence from mobile assets and workforces enabling a more unified, effective, and safer operationWOODCLIFF LAKE, N.J., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Powerfleet, Inc. (Nasdaq: PWFL), a global leader of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations, today announced the launch of Powerfleet Unity, a ne |
PowerFleet (PWFL) Receives a Rating Update from a Top AnalystIn a report released today, Gary Prestopino from Barrington maintained a Buy rating on PowerFleet (PWFL - Research Report), with a price target of $7.00. The company's shares opened today at $2.80.According to TipRanks, Prestopino is a top 100 analyst with an average return of 31.0% and a 62.50% success rate. Prestopino covers the Technology sector, focusing on stocks such as Cars, CCC Intelligent Solutions Holdings, and PowerFleet.The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PowerFleet with a $7.00 average price target, implying a 149.78% upside from current levels. |
Powerfleet Names Offer Lehmann as Chief Operating OfficerWOODCLIFF LAKE, N.J., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Powerfleet, Inc. (Nasdaq: PWFL), a global leader of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations, has appointed Offer Lehmann to the newly created position of Chief Operating Officer (COO). Lehmann brings vast senior business management experience in leading global operations and customer success teams for prominent public and privat |
Powerfleet Expands Personal Safety IoT Marketplace Through Partnership with ClickNowWOODCLIFF LAKE, N.J., Nov. 11, 2022 (GLOBE NEWSWIRE) -- Powerfleet, Inc. (Nasdaq: PWFL), a global leader of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations, has formed a partnership with ClickNow, a protection-as-a-service smart mobile application company. The partnership strengthens Powerfleet’s focus to provide mission-critical solutions across business operations and expands existing safe |
PowerFleet, Inc. (NASDAQ:PWFL) Is Expected To Breakeven In The Near FutureWe feel now is a pretty good time to analyse PowerFleet, Inc.'s ( NASDAQ:PWFL ) business as it appears the company may... |
Powerfleet Reports Third Quarter 2022 Financial ResultsImpressive Revenue Growth of 17%, Marking Fourth Consecutive Quarter of Year-Over-Year GrowthHigh Margin, Recurring and Services Revenue up 10% Year-Over-Year to $20.3 Million, Reflecting Company’s Success Driving SaaS and Software RevenueGross Profit Improves by 20% Year-Over-Year, Demonstrating Company’s Laser Focus on Improving Quality Across the BusinessCost Rationalization Initiatives Drive 23% Sequential Improvement in Loss from Operations, an Improvement of 68% from Q1 2022Strong Nine Mon |