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Powerfleet Secures Major Public Sector Contract for South Africa Government Fleets

Asset Estate in Excess of 100,000 Vehicles Significantly Expands Powerfleet's Partnership with MTN WOODCLIFF LAKE, N.J., Feb. 9, 2026 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ: AIOT), a provider of AIoT SaaS solutions for mobile asset management, today announced it has been awarded a milestone public sector contract to deliver integrated video intelligence and real-time fleet visibility services for an extensive range of South African government departments overseeing more than 100,000 vehicles.

Powerfleet Reports Robust Q3 Recurring Revenue Growth With 11% Year-Over-Year Increase in Services Revenue

Total revenue increased 7% year-over-year to a record $113.5 million from $106.4 million in Q3 FY25 Services revenue increased 11% to $91.1 million from $81.7 million in Q3FY25 Operating profit of $6.3 million, compared to an operating loss of $1.2 million in Q3 FY25 Net Loss improved to $3.4 million compared to $14.3 million in Q3 FY25 Adjusted EBITDA increased 26% to $25.7 million from $20.5 million in Q3 FY25 WOODCLIFF LAKE, N.J., Feb. 9, 2026 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (Nasdaq: AIOT) reported its financial results for the third quarter ended December 31, 2025.

Powerfleet Announces Andrew Martin as New Chairman

WOODCLIFF LAKE, N.J., Feb. 3, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) SaaS mobile asset industry, today announced a board leadership transition.

Powerfleet to Attend the 28th Annual Needham Growth Conference

WOODCLIFF LAKE, N.J., Jan. 9, 2026 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to attend the 28th Annual Needham Growth Conference on Thursday, January 15th to meet with investors to discuss how Powerfleet's scaled AIoT platform, strong financial performance and clear roadmap to shareholder value.