CalAmp's Momentum Accelerates With Another Strong Quarter

CalAmp Corp. (NASDAQ: CAMP) announced solid fiscal second-quarter 2018 results on Thursday after the market closed, punctuated by continued strong growth of telematics product sales, the company's largest-ever software-as-a-service (SaaS) contract, and a number of expanded relationships with significant customers. Even so, CalAmp's results were largely in line with expectations, and shares of the machine-to-machine communications specialist are little changed in after-hours trading as of this writing.

Let's take a deeper look at what CalAmp accomplished in recent months, as well as what investors can expect going forward.

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Source: Fool.com