Calamp Corp. (CAMP) Tops Q4 EPS
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CalAmp Reports Fourth Quarter and Fiscal Year 2020 Financial Results
May 5, 2020 4:05 PM EDTIRVINE, Calif., May 5, 2020 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, today reported financial results for its fourth quarter and fiscal year 2020 ended February 29, 2020.Â
"Our fourth quarter revenue reflected the supply chain shortages primarily related to the COVID-19 pandemic and softness in demand for our MRM Telematics products that we discussed in our pre-announcement release on March 5, 2020," said Jeff Gardner, interim president and chief executive officer. "Highlighting the quarter, the Software & Subscription Services business had another quarter of solid growth, further... More
