$AIOT

Powerfleet, Inc. (AIOT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 16, 2026, the stockholders of Powerfleet, Inc. (the “Company”) approved and adopted an amendment (the “Plan A

PowerFleet reported Q1 FY2027 revenue of $110.8M, up 6.4% YoY, driven by services revenue of $94.3M (+9.1%), while product revenue fell to $16.5M (-6.7%) due to a $3.2M production delay. Adjusted EBITDA was $21.5M (19.4% margin). GAAP operating income was $0.3M and net loss $8.4M. Full-year guidance: revenue $468M-$473M, adjusted EBITDA $111M-$114M, free cash flow $20M-$23M.

Powerfleet, Inc. (AIOT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. The information set forth under Item 5.02 of this Current Report on Form 8-K is incorporated herein by reference. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

FactSet-reported analyst estimates for PowerFleet, Inc. show the 12-month average price target cut to $9.17 from $9.60. The range is $6 to $13 per share. Based on the Aug. 7 close, the target implies about 108% upside. Consensus remains “Buy” with 7 Buys, 0 Holds, and 0 Sells.

Powerfleet (AIOT) reported Q1 net loss attributable to common shareholders narrowed to $8.44M, or $0.06/share, from $10.23M, or $0.08/share, while revenue rose 6.4% to $110.79M. Adjusted EBITDA rose 6.9% to $21.5M. The company cut FY2027 guidance to expect an annual net loss of $6M to $8M and reduced revenue and EBITDA outlook; shares fell about 15.9% premarket.

PowerFleet (NASDAQ:AIOT) reported Q1 margin strength, with GAAP gross margin up to 55.2% and adjusted EBITDA gross margin to 67.8%. Management said a South African National Treasury contract ramp is accelerating, with ARR required for near-term activation above $27M and vehicle installations rising to 70,000. Fiscal 2027 guidance was cut: revenue $468M-$473M and adjusted EBITDA $111M-$114M, citing reprioritization. AI Video bookings rose 20% sequentially.

Powerfleet, Inc. (AIOT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Powerfleet Reports Results for First Quarter Fiscal 2027 ● Services revenue increased 9.1% to $94.3 million, representing 85% of total revenue of $110.8 million. ● Cash flow from operating activities increased 79% to $8.4 million. ● More than $27 million ARR for near

Powerfleet, Inc. (AIOT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. false 0001774170 0001774170 2026-07-15 2026-07-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Repor

The article lists 10 “fastest growing” tech penny stocks under $5, using a Finviz screen for over 50% compounded annual revenue growth in 3 years and recent catalysts. It highlights PowerFleet (NASDAQ:AIOT) launching SafeGuard, reporting up to 83% on-road risk reduction, and approving a $30M repurchase. It also covers Geron (NASDAQ:GERN) granting 690,000 options at $1.23.

PowerFleet Inc. (NASDAQ:AIOT) said its board approved a $30 million share repurchase program that may be carried out over the next two years, with timing subject to factors such as strategy, financial position, and legal considerations. The company also noted an Accenture collaboration to expand intelligent safety technologies in Central Europe.