Calamp Corp. (CAMP) Reports In-Line Q3 EPS, Q4 EPS Guidance Misses Views

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CalAmp Reports Fiscal 2020 Third Quarter Financial Results

December 19, 2019 4:05 PM EST

IRVINE, Calif., Dec. 19, 2019 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, today reported its financial results for the fiscal 2020 third quarter ended November 30, 2019. 

"We had another solid quarter with consolidated revenue above the midpoint of guidance and reaching a quarterly record. Software & Subscription Services revenue also set a new record, representing 35% of total revenue as we continue to track towards our longer-term target of 40%," said Michael Burdiek, president and chief executive officer. "Underpinning this... More