10:33 am CalAmp (CAMP)
CalAmp (CAMP) is trading 10% lower today after reporting 3Q15 (Nov) earnings last night. CAMP is a supplier of antennas, amplifiers and transceivers. It has two segments: Wireless Datacom (86% of NovQ revs) and Satellite (14%).
Its Wireless Datacom (WD) segment sells equipment to utilities, oil & gas, mining, railroad and government customers in remote/rural areas where there is little infrastructure. Breaking down the WD segment a bit more: About 2/3 of WD segment sales are Mobile Resource Management (:MRM) products which allow customers to know where …More