PowerFleet (NASDAQ:PWFL) reported its Q1 earnings results on Tuesday, May 10, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
PowerFleet beat estimated earnings by 40.0%, reporting an EPS of $-0.06 versus an estimate of $-0.1.
Revenue was up $4.17 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 3.1% increase in the share price the next day.
Here's a look at PowerFleet's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | -0.09 | -0.06 | -0.08 | -0.07 |
EPS Actual | -0.01 | -0.01 | 0.03 | 0 |
Revenue Estimate | 31.63M | 33.46M | 31.01M | 28.99M |
Revenue Actual | 34.42M | 29.25M | 33.55M | 28.99M |
To track all earnings releases for PowerFleet visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.