Calamp Corp. (CAMP) Misses Q2 EPS by 14c
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CalAmp Reports Second Quarter Fiscal Year 2024 Financial Results
October 5, 2023 4:30 PM EDTIRVINE, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its second quarter of fiscal year 2024 ended August 31, 2023. Â
Second Quarter Fiscal Year 2024 Financial OverviewÂ
Total revenue was $61.7 million in the quarter, representing a $9.2 million decline sequentially and an $11.1 million decline year over year. Gross margin in the quarter decreased 200 basis points sequentially and 370 basis points year over year to 36.2% as a result... More