CEOInterviews.AI
Start App
Try: AI strategy tariffs earnings guidance layoffs interest rates growth

Steve Towe

Chief Executive Officer, PowerFleet, Inc.

Search every verified Steve Towe interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Steve Towe, CEO of Powerfleet, discussed the company’s second-quarter fiscal 2026 results and revised guidance during an August 2026 earnings call. He attributed the guidance change to a deliberate decision to forgo some non-strategic revenue ahead of an anticipated ramp from a larger new contract, stating this choice was intended to strengthen the quality and long-term economics of the revenue base. Towe also noted a production constraint from a component compatibility issue that delayed $3.2 million in product revenue, describing the problem as “painful and frustrating” but resolved, with production restarting on the affected product line. Towe highlighted growth in AI video bookings, which increased 20% sequentially, and a $2 million expansion with a Fortune 500 manufacturer. He said the South Africa opportunity was developing “materially faster and at a greater scale” than originally anticipated, leading to a reallocation of resources, and mentioned that a contract there had converted to a mandate for 72,000 installs, up from earlier dialogue around 60,000. Management projected annualized fourth-quarter 2027 revenue of approximately $495 million with adjusted EBITDA margins near 27%, and Towe emphasized a focus on cash flow, deleveraging, and strengthening the executive team.

Recent appearances

  • Powerfleet, Inc. Q2 FY26 Earnings Call | Full Recording | AIOT

    August 10, 2026 · 📺 Alfa finder USA

    Full Powerfleet, Inc. (AIOT) Q2 FY26 earnings call — complete recording with CEO/CFO commentary and analyst Q&A. 📈 Growth: AI video bookings increased 20% sequentially, while the company secured a $2 million expansion with a Fortune 500 manufacturing leader. ⚠️ Risks: A production constraint involving a component compatibility issue delayed $3.2 million of product revenue during the first quarter. 🎯 Outlook: Management projects annualized Q4 2027 revenue of $495 million with adjusted EBITDA margins of approximately 27%. Stock: AIOT | Sector: Technology · Software - Infrastructure Powerfleet…

    Watch on YouTube ↗

  • PowerFleet (PWFL) Q4 2025 Earnings – Full Coverage

    June 16, 2025 · 📺 Fyfull

    PowerFleet (NASDAQ: PWFL) reported Q4 2025 revenue of USD 103.6M (+40% YoY) and adjusted EBITDA of USD 20.4M (+80% YoY). Join CEO Steve Towe and CFO David Wilson for insights on IoT platform, fleet management, Q4 earnings, and Unity platform growth! Explore AI video solutions and Q&A on macro trends. ⏱️ Timestamps: 00:00 – Introduction by Operator 00:32 – David Wilson, CFO: Safe Harbor and Overview 01:38 – Steve Towe, CEO: Transformation Highlights 03:00 – Melissa Ingram, Chief Corporate Development: Integration Progress 10:17 – Steve Towe: Customer Expansion Wins 19:30 – Steve To…

    Watch on YouTube ↗

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →