(USD) | Jun 2023 | Q/Q |
---|---|---|
Revenue | 32MM | -2% |
Gross Profit | 16MM | -4% |
Cost Of Revenue | 16MM | -1% |
Operating Income | -3.1MM | +66% |
Operating Expenses | 19.2MM | +4% |
Net Income | -3MM | -162% |
R&D | 2.2MM | +26% |
G&A | 17MM | +1% |
Amortization | 1.3MM | +9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
PowerFleet, Inc. (NASDAQ:PWFL) Q4 2023 Earnings Call Transcript March 12, 2024 PowerFleet, Inc. misses on earnings expectations. Reported EPS is $-0.13 EPS, expectations were $-0.01. PowerFleet, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. Welcome to PowerFleet’s […]
Q4 2023 PowerFleet Inc Earnings Call
PowerFleet (PWFL) delivered earnings and revenue surprises of -300% and 3.84%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
Key Financial Metrics Show Resilience Amidst Strategic Transformation
Powerfleet, Inc. (Nasdaq: PWFL), reported results for the fourth quarter and full year ended December 31, 2023.
It’s time to position for a penny stock surge! The DOW Jones Industrial Average is up by approximately 16% year-on-year, illustrating the momentum embedded in the stock market. However, the question now becomes: How can investors enhance their returns even further? An ideal way to proliferate returns is to cash out on some of the blue-chip names and allocate capital to penny stocks. Although risky in isolation, penny stocks can lower investment risk if added to a diversified portfolio while prod
Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) today announced they have received shareholder approval on the proposals related to the previously announced business combination between the parties.
Powerfleet, Inc. (Nasdaq: PWFL) will hold a conference call on Tuesday, March 12, 2024, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the fourth quarter and year ended December 31, 2023. Financial results will be issued in a press release prior to the call.
While digital innovation is all the rage, the underlying companies’ lofty valuations incentivizes a closer look at tech penny stocks. Of course, this sector presents extreme risks: you don’t want to spend any more money here than you can afford to lose. Quite frankly, you probably will lose. That said, unless you own a time machine, you’re not going to be able to buy shares of Nvidia (NASDAQ:NVDA) for under ten bucks. Those days are long gone. What you can do is to find the next NVDA – or at lea
REV Group (REVG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.