PowerFleet: Q4 Earnings Snapshot

WOODCLIFF LAKE, N.J. (AP) — WOODCLIFF LAKE, N.J. (AP) — PowerFleet, Inc. (PWFL) on Thursday reported a loss of $1.7 million in its fourth quarter.

On a per-share basis, the Woodcliff Lake, New Jersey-based company said it had a loss of 8 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 1 cent per share.

The maker of tracking and communications technology for fleet vehicles posted revenue of $33.1 million in the period.

For the year, the company reported a loss of $7 million, or 34 cents per share. Revenue was reported as $135.2 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PWFL at https://www.zacks.com/ap/PWFL

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