Calamp Corp. (CAMP) Tops Q1 EPS by 2c, Offers Q2 Guidance

Go back to Calamp Corp. (CAMP) Tops Q1 EPS by 2c, Offers Q2 Guidance

CalAmp Reports Fiscal 2018 First Quarter Financial Results

June 27, 2017 4:05 PM EDT

IRVINE, Calif., June 27, 2017 /PRNewswire/ -- CalAmp (NASDAQ: CAMP), a pure-play pioneer of Internet of Things (IoT) enablement solutions, today reported results for its first quarter of fiscal 2018 ended May 31, 2017.

Revenue for the fiscal 2018 first quarter was $88.1 million, a decrease of 3% from the first quarter of fiscal 2017.  Excluding last year's revenue from the former satellite business, which ceased operations effective August 31, 2016, revenue in the latest quarter was up 6% from $82.7 million in the first quarter of fiscal... More