Calamp Corp. (CAMP) Reports In-Line Q4 EPS, Offers Q1 & FY Guidance
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CalAmp Reports Fiscal 2016 Fourth Quarter and Full Year Financial Results
April 19, 2016 4:01 PM EDTIRVINE, CA -- (Marketwired) -- 04/19/16 -- CalAmp (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, today reported results for its fourth quarter and full year ended February 29, 2016. Highlights include:
Fourth quarter revenue of $70.8 million, in-line with the Company's previously announced preliminary results Record fourth quarter Adjusted EBITDA of $13.7 million, up 11% year-over-year, and record Adjusted EBITDA margin of 19.3% Record fourth quarter Adjusted Basis net income of $11.7 million, or $0.32 per diluted share Full year consolidated revenue up 12% year-over-year to $281 million Full year... More