Calamp Corp. (CAMP) Misses Q3 EPS by 5c; Guides Q4 In-Line

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CalAmp Reports Fiscal 2017 Third Quarter Financial Results

December 21, 2016 4:05 PM EST

IRVINE, Calif., Dec. 21, 2016 /PRNewswire/ -- CalAmp (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, today reported results for its fiscal 2017 third quarter ended November 30, 2016.

Revenue for the third quarter of fiscal 2017 was $83.4 million, an increase of 12% from the third quarter of fiscal 2016. The latest quarter included revenue of $29.9 million from LoJack products and services that was slightly lower than expected, as anticipated orders from two large international licensees were received late in the... More