Brief: Powerfleet Reports Q1 Loss Per Share Of $0.16

PowerFleet

14/05/2020 13:32

May 14 (Reuters) - Powerfleet Inc  PWFL.O :
    * POWERFLEET REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS
    * Q1 REVENUE $30.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$30.9
MILLION
    * Q1 LOSS PER SHARE $0.16
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.02 -- REFINITIV IBES
DATA
    * AT QUARTER-END, COMPANY HAD $16.6 MILLION IN CASH AND CASH
EQUIVALENTS
    * COMPANY'S WORKING CAPITAL POSITION AT QUARTER-END WAS
$24.1
MILLION

Source text for Eikon:  ID:nGNX8HCYLm 
Further company coverage:  PWFL.O 

 (Reuters.Briefs@thomsonreuters.com)