The Latest Breaking News from CalAmp

 

US producer prices are likely to rise 0.8% on the month in June to match the previous month’s growth. Investors, meanwhile, focused on some notable insider trades.

CalAmp Corp (NASDAQ: CAMP) shares are trading lower after the company reported worse-than-expected first quarter adjusted earnings per share and sales results.

CalAmp Corp. (NASDAQ:CAMP) reported a first-quarter revenue decline of 18.8% year-over-year to $64.73 million, missing the consensus of $69.43 million. Adjusted EPS was $(0.10), missing the consensus of $(0.03). Software and Subscription Services (S&SS) revenue was $39.6 million, compared to $35 million in the same quarter a year ago. Total S&SS subscribers…

CalAmp (NASDAQ:CAMP) is set to give its latest quarterly earnings report on Thursday, 2022-06-23. Here's what investors need to know before the announcement. Analysts estimate that CalAmp will report an earnings per share (EPS) of $-0.03.

According to Benzinga Pro data, during Q4, CalAmp (NASDAQ:CAMP) posted sales of $68.38 million. Earnings were up 19.73%, but CalAmp still reported an overall loss of $9.18 million.

CalAmp Corp (NASDAQ:CAMP) reported a fourth-quarter FY22 revenue decline of 16.6% year-on-year to $68.38 million missing the consensus of $68.43 million. Software & Subscription Services revenue rose 18.9% Y/Y to $41.2 million. Total S&SS subscribers were 1.1 million, up 11% Y/Y. Telematics Products revenue declined 42.6% Y/Y to $27.1 million. Due to continuing…

CalAmp (NASDAQ:CAMP) reported its Q4 earnings results on Thursday, April 28, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings CalAmp beat estimated earnings by 87.5%, reporting an EPS of $-0.01 versus an estimate of $-0.08.