PowerFleet (NASDAQ:PWFL) reported its Q4 earnings results on Wednesday, March 9, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
PowerFleet beat estimated earnings by 88.89%, reporting an EPS of $-0.01 versus an estimate of $-0.09.
Revenue was up $5.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.59% increase in the share price the next day.
Here's a look at PowerFleet's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.08 | -0.07 | -0.04 |
| EPS Actual | -0.01 | 0.03 | 0 | 0.05 |
| Revenue Estimate | 33.46M | 31.01M | 28.99M | 28.38M |
| Revenue Actual | 29.25M | 33.55M | 28.99M | 29.43M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
