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CalAmp Corp. (CAMP)
Pre-Market:
- Motley Fool
Why CalAmp Stock Fell Hard Today
Shares of CalAmp (NASDAQ: CAMP) were tumbling today after the company reported first-quarter results that missed Wall Street's top- and bottom-line expectations. CalAmp reported a non-GAAP (adjusted) loss per share of $0.10 in the quarter, which was much worse than analysts' consensus estimate of a loss of $0.03. The company's revenue of $64.7 million -- a decrease of nearly 19% from the year-ago quarter -- was also below Wall Street's average estimate of $69.4 million.
- Zacks
CalAmp (CAMP) Reports Q1 Loss, Lags Revenue Estimates
CalAmp (CAMP) delivered earnings and revenue surprises of -100% and 6.94%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?
- Benzinga
CalAmp Shares Slide After Q1 Results Miss Estimates, Revenue Dips ~19%
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