Powerfleet Inc narrowed III. Quarter net loss per share of $-0.10 compare to net loss per share of $-0.13 recorded in the same quarter a year ago a decrease compare to $-0.04 realized in previous quarter.
III. Quarter
Earnings Per Share
Revenues
$ -0.1
$
34 Mill
$+0.03
$+5M+17.24 %
Powerfleet Inc 's Revenue
rose by
17.24 % in III. Quarter (Sep 30 2022) year on year,
to $34 million and
declined by
-0.88 % sequentially.
Powerfleet Inc is Expected to report next financial results on March 15, 2023.
Powerfleet Inc 's
in III. Quarter recorded net loss of $-2.299 million, an improvement compare to net loss of $-3.349 million in III. Quarter a year ago.
Inventories grew by 45.53 % to $24 million from III. Quarter a year ago, sequentially inventories rose by 0.14 %.
In III. Quarter company's net cash and cash equivalents decreased by $-1 million, capital expenditures fell by 84.07%, to $-2 millions compare to same quarter a year ago and fell by 41.70% from II. Quarter (Jun 30 2022).
