Calamp Corp. (CAMP) Misses Q1 EPS by 7c

Calamp Corp. (NASDAQ: CAMP) reported Q1 EPS of ($0.10), $0.07 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $64.7 million versus the consensus estimate of $69.43 million.

Second Quarter Fiscal Year 2023 Business Outlook

The Company is maintaining its policy of not providing quarterly guidance. Visibility into product shipments still remains uncertain due to the global component supply shortages; however, the Company expects sequential quarterly revenue growth in the second quarter to be in the mid to high single digit percentage points.

For earnings history and earnings-related data on Calamp Corp. (CAMP) click here.

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