-------------- -------------- ----------- ---------
Total Revenue:
Total Revenue as
reported $33,114 $34,501 $1,387 4.2 %
Conversion impact
of U.S. Dollar $1,567 $1,567
Total revenue on
a constant
currency basis $33,114 $36,068 $2,954 8.9 %
Twelve Months Ended December
31, Year Over Year Change
-----------------------
($ in Thousands) 2022 2023 $ %
-------------- -------------- ----------- ---------
Service Revenue:
Service Revenue
as reported $78,844 $84,194 $5,350 6.8 %
Conversion impact
of U.S. Dollar $5,921 $5,921
Service revenue
on a constant
currency basis $78,844 $90,115 $11,271 14.3 %
Twelve Months Ended December
31, Year Over Year Change
-----------------------
($ in Thousands) 2022 2023 $ %
-------------- -------------- ----------- ---------
Product Revenue:
Product Revenue
as reported $56,313 $49,391 ($6,922) (12.3 %)
Conversion impact
of U.S. Dollar $459 $459
Product revenue
on a constant
currency basis $56,313 $49,850 ($6,463) (11.5 %)
Twelve Months Ended December
31, Year Over Year Change
-----------------------
($ in Thousands) 2022 2023 $ %
-------------- -------------- ----------- ---------
Total Revenue:
Total Revenue as
reported $135,157 $133,585 ($1,572) (1.2 %)
Conversion impact
of U.S. Dollar $6,380 $6,380
Total revenue on
a constant
currency basis $135,157 $139,965 $4,808 3.6 %
View original content to download multimedia:https://www.prnewswire.com/news-releases/powerfleet-reports-full-year-2023-and-fourth-quarter-financial-results-302086234.html
SOURCE Powerfleet
(END) Dow Jones Newswires
March 12, 2024 07:01 ET (11:01 GMT)
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