Stocks in Action USA: Powerfleet, Albemarle, RadNet
Reading Time: 3 minutes
Powerfleet (AIOT) surprises with strong service growth and optimistic annual forecast! The fleet management and telematics specialist Powerfleet has positively surprised investors with its Q1 2025 numbers. Revenue increased by 38% year-over-year to $104.1 million, slightly exceeding analyst estimates of $103.2 million. The margin-rich service business developed particularly dynamically, growing by 6% compared to the previous quarter to $86.5 million, now accounting for 83% of total revenue—a record value that highlights the successful transition...
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