CalAmp Delivers a Quarterly Beat on Telematics Strength
CalAmp Corp. (NASDAQ: CAMP) announced strong fiscal third-quarter 2018 results on Dec. 21 after the market closed, setting fresh records for both revenue and profitability, while extending the recent momentum of its telematics and software initiatives. But CalAmp also followed up with seemingly conservative forward earnings guidance.
Let's take a closer look at what drove CalAmp's business over the past few months, and what investors can expect following the stock's 56% climb so far this year.
Image source: Getty Images.
Source: Fool.com
Calamp Corp. Stock
€0.13
2.130%
Currently there is a rather negative sentiment for Calamp Corp. with 2 Buy predictions and 5 Sell predictions..
On the other hand, the target price of 5 € is above the current price of 0.13 € for Calamp Corp., so the potential is actually 3775.97%.
