UPDATE: Calamp Corp. (CAMP) Tops Q3 EPS by 2c
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CalAmp Reports Fiscal 2019 Third Quarter Financial Results
December 20, 2018 4:05 PM ESTIRVINE, Calif., Dec. 20, 2018 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a technology solutions pioneer leading transformation in a global connected economy, today reported its financial results for its fiscal 2019 third quarter ended November 30, 2018.
"Our Software and Subscription Services (SaaS) business continued to perform well as our SaaS revenue increased 25% year-over-year. We continue to focus on accelerating our efforts towards a more comprehensive recurring revenue model," said Michael Burdiek, President and Chief Executive Officer. "Although we were disappointed in the short-term execution around our supply chain diversification efforts as previously... More
