Calamp Corp. (CAMP) Misses Q3 EPS by 16c

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Go back to Calamp Corp. (CAMP) Misses Q3 EPS by 16c

CalAmp Reports Third Quarter Fiscal Year 2022 Financial Results

December 21, 2021 4:05 PM EST

IRVINE, Calif., Dec. 21, 2021 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping businesses and people track, monitor and recover vital assets with real-time visibility and insights, today reported financial results for its third quarter of fiscal year 2022 ended November 30, 2021.

"As indicated in the business update announcement last month, the ongoing global component shortages have been more pronounced than expected, causing a significant reduction in our shipments during the quarter," said Jeff Gardner, CalAmp's president and CEO. "We are working closely with our suppliers to source the needed parts, qualify... More