CalAmp extends relationship with Caterpillar » 07:4608/0408/04/20
CalAmp (CAMP) is…
Story temporarily locked.
|Over a week ago|
CalAmp appoints Jeff Gardner as CEO » 08:0107/0807/08/20
CalAmp has appointed Jeff…
CalAmp has appointed Jeff Gardner as president and CEO. Gardner has served as interim president and CEO since March 25.
|Over a month ago|
Fly Intel: After-Hours Movers » 19:0906/2506/25/20
CAMP, SNX, PRGS, DKNG, INO, NKE, SOLY, MTCH
CalAmp not providing Q2 guidance » 16:0706/2506/25/20
"Visibility into customer demand and product shipments remains uncertain due to the ongoing effects of the worldwide COVID-19 pandemic," said Kurt Binder, CalAmp's executive vice president and CFO. "As a result, we are not providing guidance for the second quarter. As we obtain more clarity regarding the future business outlook and overall customer demand, we expect to return to providing quarterly guidance."
CalAmp reports Q1 adjusted EPS 2c, consensus (5c) » 16:0606/2506/25/20
Reports Q1 revenue $80M,…
Reports Q1 revenue $80M, consensus $75.29M.
CalAmp options imply 13.6% move in share price post-earnings » 15:0406/2506/25/20
Pre-earnings options volume in CalAmp is 1.1x normal with calls leading puts 8:1. Implied volatility suggests the market is anticipating a move near 13.6%, or $1.02, after results are released. Median move over the past eight quarters is 6.6%.
CalAmp's LoJack Mexico signs partnership agreement with Overhaul Group » 07:4706/1806/18/20
CalAmp announced its…
CalAmp announced its subsidiary, LoJack Mexico, has signed a partnership agreement with Overhaul Group. By integrating Overhaul's real-time supply chain integrity solution with CalAmp's telematics and LoJack Mexico's Stolen Vehicle Recovery services, global enterprises are able to secure shipments of pharmaceuticals, perishables and high-value electronics across Mexico during these uncertain times.
|Over a quarter ago|
Fly Intel: After-Hours Movers » 18:5605/0505/05/20
DIS, NLS, ANET, PLNT, PRU, EA, CERS, JAZZ, AGRX, NCMI, MAT, PINS, CAMP, SPCE, DVA, OXY, BGS, STOR, BYND, ATVI, DVN, OSPN, RSG, CC, AXNX, CLVS, LPSN, VAPO, MELI, MED, AOSL
Check out this evening's…
CalAmp is not providing FY21 guidance » 16:2105/0505/05/20
"With the timing,…
"With the timing, magnitude and duration of the worldwide COVID-19 pandemic virtually impossible to fully ascertain at the present time, we have decided not to provide guidance for the fiscal 2021 first quarter," said Kurt Binder, CalAmp's executive vice president and CFO. "With the global work-from-home mandates and the limited access to labor in Malaysia and Mexico, we are seeing a broad impact across our global supply chain that is in turn creating delivery and scheduling challenges for installations. Additionally, visibility into customer demand remains uncertain, especially for end markets such as automotive with a number of dealerships closed throughout the United States and an even more acute impact to those customers in Italy and other areas of Europe. Overall, our team is doing an effective job proactively addressing and managing all of these factors in order to help mitigate the impact to our business. Although we hope to return to providing quarterly guidance as conditions and visibility improve, the current global situation prevents us from accurately doing so at this time."
CalAmp reports Q4 ajusted EPS 3c, consensus 2c » 16:2005/0505/05/20
Reports Q4 revenue…
Reports Q4 revenue $87.2M, consensus $85.94M. "Our Q4 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," said Jeff Gardner, interim president and CEO. "Highlighting the quarter, the Software & Subscription Services business had another quarter of solid growth, further underscoring our progress in transforming our business to a SaaS-based model. As CalAmp's newly appointed interim president and CEO and a long-time board member, my primary focus is to leverage our broad global scale and sales organization to deliver enhanced performance metrics across the Company."