Preview Of CalAmp Corp. (CAMP) 1Q21 Earnings

CalAmp Corp. (NASDAQ:CAMP) is reporting first quarter financial results on Thursday 25th June 2020, after market close.

According to analysts surveyed by Thomson Reuters, CAMP is expected to report 1Q21 loss of $ 0.05 per share from revenue of $ 75.29 million.

For the full year, analysts anticipate top line of $ 322.49 million, while looking forward to income of $ 0.06 per share bottom line.

Stock Performance

According to the previous trading day, closing price of CAMP was $ 7.54, representing a 103.78 % increase from the 52 week low of $ 3.70 and a 38.8 % decrease over the 52 week high of $ 12.32.

The company has a market capital of $ 259.09 million and is part of the Technology sector and Communication Equipment industry.

Conference Call

CalAmp Corp. will be hosting a conference call at 4:30 PM eastern time on 25th June 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, 833-714-0868 (United States) or +1-778-560-2625 Outside U.S., when prompted, enter passcode 9899343 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.calamp.com

CalAmp Corp. provides in telematics systems, and software and subscription services in the United States, Latin America, Western Europe, Asia Pacific, the Middle East, Africa, and internationally. The company offers mobile resource management telematics devices for the Internet of Things market, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets.

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