#Earnings Upgrade

Lead report

Powerfleet Raises FY2027 Guidance: South Africa Contract Drives Annualized Revenue to $495M with 27% EBITDA Margin

Powerfleet projects FY2027 Q4 annualized revenue of $495 million and adjusted EBITDA margin of 27%, driven by a major South Africa contract. The guidance upgrade signals strong growth and market confidence.