Brief: Powerfleet Inc On April 2, Received Nasdaq Letter Notifying That It Did Not Timely File Its Annual Report On Form 10-K For FY Ended Dec 31, 2023

Powerfleet

05/04/2024 22:41

April 5 (Reuters) - PowerFleet Inc  PWFL.O :
    * POWERFLEET INC: ON APRIL 2, RECEIVED NASDAQ LETTER
NOTIFYING
THAT IT DID NOT TIMELY FILE ITS ANNUAL REPORT ON FORM 10-K FOR
FY ENDED DEC 31, 2023
    * POWERFLEET: CONCLUDED PREVIOUS FINANCIAL STATEMENTS FOR FY
ENDED
DEC 31 2021, 2022 & FOR INTERIM PERIODS 2022, 2023 FY SHOULD NO
LONGER BE RELIED UPON
    * POWERFLEET: ESTIMATES CORRECTIONS EXPECTED TO INCREASE NET
LOSS
BY ABOUT $5 MILLION, $6 MILLION, $5 MILLION FOR FY 2021, 2022 &
NINE MONTHS ENDED SEPT 30, 2023

Source text for Eikon: [ID:https://bitly.ws/3hv9N]
Further company coverage:  PWFL.O 

 ((Reuters.Briefs@thomsonreuters.com;))