Calamp Corp. (CAMP) Misses Q2 EPS by 3c

Calamp Corp. (NASDAQ: CAMP) reported Q2 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $83.5 million versus the consensus estimate of $76.84 million.

"Our second quarter results reflect strong sequential growth in our Software and Subscription Services revenue primarily due to increased installation activity across our geographies as automotive dealerships and school districts advanced plans for reopening, and further supported by solid demand for our K-12 fleet management and LoJack International services," said Jeff Gardner, CalAmp\'s president and chief executive officer. "Additionally, our largest customer, Caterpillar, had a strong quarter as we continue to support their 3G-to-4G LTE upgrade."

For earnings history and earnings-related data on Calamp Corp. (CAMP) click here.

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