Calamp Corp. (CAMP) Tops Q4 EPS by 2c; Guides Below
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CalAmp Reports Fourth Quarter and Fiscal Year 2019 Financial Results
April 30, 2019 4:08 PM EDTIRVINE, Calif., April 30, 2019 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a telematics solutions pioneer leading transformation in a global connected economy, today reported its financial results for the fourth quarter and fiscal year ended February 28, 2019.
"While we are disappointed by our fourth quarter revenue coming in below guidance, we remain on track in our transformation to a SaaS solutions provider with 20% organic revenue growth for the year," said Michael Burdiek, President and Chief Executive Officer. "Organic growth initiatives, in addition to our three recent acquisitions, put us on course to record $30... More
