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CalAmp's Momentum Accelerates With Another Strong Quarter


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.

IMAGE SOURCE: GETTY IMAGES.

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Source: Fool.com

Calamp Corp. Stock

€0.13
2.130%
Calamp Corp. gained 2.130% today.
Our community is currently low on Calamp Corp. with 2 Buy predictions and 5 Sell predictions.
However, we have a potential of 3775.97% for Calamp Corp. as the target price of 5 € is above the current price of 0.13 €.
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