Powerfleet Q2 FY27 net loss widens 59% year-over-year to $6.81 million

• Powerfleet’s Q2 FY27 net loss attributable to common stockholders widened 60% year-over-year to $6.85 million.
• Revenue rose year-over-year to $115.7 million, while services revenue climbed 7% to $95.2 million.
• A proposed device financing facility with Rand Merchant Bank would fund upfront device costs primarily for the South African National Treasury deployment.
• FY27 revenue guidance was reaffirmed at $468 million to $473 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Powerfleet Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611090700PR_NEWS_USPR_____NY92064) on November 09, 2026, and is solely responsible for the information contained therein.