CalAmp Corp. (CAMP)

NASDAQ: CAMP · IEX Real-Time Price · USD
4.57
-0.09 (-1.93%)
Feb 6, 2023, 1:22 PM EST - Market open
-1.93%
Market Cap 168.95M
Revenue (ttm) 284.82M
Net Income (ttm) -33.58M
Shares Out 36.97M
EPS (ttm) -0.94
PE Ratio n/a
Forward PE 7.62
Dividend n/a
Ex-Dividend Date n/a
Volume 91,158
Open 4.61
Previous Close 4.66
Day's Range 4.45 - 4.64
52-Week Range 2.96 - 7.62
Beta 2.04
Analysts Buy
Price Target 8.20 (+79.43%)
Earnings Date Dec 20, 2022

About CAMP

CalAmp Corp., a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organizations in the United States, Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and internationally. The company operates in two segments, Software & Subscription Services and Telematics Products. It provides CalAmp Telematics Cloud platform, such as cloud-based application enablement and telematics service platforms that facilitate integration of its own applications, as well as those of third parties, throug... [Read more]

Sector Technology
Founded 1981
Employees 887
Stock Exchange NASDAQ
Ticker Symbol CAMP
Full Company Profile

Financial Performance

In 2022, CalAmp's revenue was $295.84 million, a decrease of -4.13% compared to the previous year's $308.59 million. Losses were -$27.99 million, -50.29% less than in 2021.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CAMP stock is "Buy." The 12-month stock price forecast is $8.2, which is an increase of 79.43% from the latest price.

Price Target
$8.2
(79.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CalAmp to cut 8% of its workforce in restructuring

CalAmp Corp. CAMP, , a software and subscription services company, said Friday it is planning to reduce its work force by 8% as part of a restructuring. The Irvine, California-based company had 887 em...

1 week ago - Market Watch

CalAmp Announces Restructuring Plan to Accelerate Conversion to a Software and Subscription Services (S&SS) Business Model

IRVINE, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps people and organizations improve operational performance, today announced that it i...

1 week ago - GlobeNewsWire

Despite Fast-paced Momentum, CalAmp (CAMP) Is Still a Bargain Stock

CalAmp (CAMP) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that mad...

2 weeks ago - Zacks Investment Research

CalAmp to Present at the Needham Growth Conference on January 10

IRVINE, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today announced its Pr...

1 month ago - GlobeNewsWire

CalAmp (CAMP) Is Attractively Priced Despite Fast-paced Momentum

CalAmp (CAMP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading...

1 month ago - Zacks Investment Research

CalAmp Reports Third Quarter Fiscal Year 2023 Financial Results

Total consolidated revenue increases 8% sequentially to $78.9 million

1 month ago - GlobeNewsWire

CalAmp Announces Date for Fiscal 2023 Third Quarter Earnings Conference Call

IRVINE, Calif., Dec. 06, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps people and organizations improve operational performance, today announced that it w...

2 months ago - GlobeNewsWire

CalAmp Appoints Tech Finance Veteran, Jikun Kim, as SVP and Chief Financial Officer

IRVINE, Calif., Dec. 02, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps people and organizations improve operational performance, today announced that effe...

2 months ago - GlobeNewsWire

CalAmp (CAMP) Reports Q2 Loss, Tops Revenue Estimates

CalAmp (CAMP) delivered earnings and revenue surprises of 50% and 5.86%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

CalAmp Reports Second Quarter Fiscal Year 2023 Financial Results

Software and Subscription Services revenue increases 13% sequentially to $44.5 million and 61% of total revenue

4 months ago - GlobeNewsWire

CalAmp Announces Date for Fiscal 2023 Second Quarter Earnings Conference Call

IRVINE, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today announced that ...

5 months ago - GlobeNewsWire

Arlo Technologies gets new CFO from IoT company CalAmp

Arlo Technologies Inc. ARLO, -3.56% said late Friday that Chief Financial Officer Gordon Mattingly will resign on Sept. 21, with Kurt Binder, currently the CFO of internet-of-things software company C...

Other symbols: ARLO
5 months ago - Market Watch

CalAmp Announces CFO Transition

Kurt Binder to Step Down as CFO on September 30; Search Underway to Identify Successor Kurt Binder to Step Down as CFO on September 30; Search Underway to Identify Successor

5 months ago - GlobeNewsWire

CalAmp to Participate at Oppenheimer's Technology, Internet and Communications Conference on August 10

IRVINE, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

6 months ago - GlobeNewsWire

CalAmp iOn™ Xtreme Temperature Tag Wins 2022 IoT Evolution Product of the Year Award

IRVINE, Calif., July 20, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

7 months ago - GlobeNewsWire

Why Shares Of CalAmp Are Plunging Today

CalAmp Corp (NASDAQ: CAMP) shares are trading lower after the company reported worse-than-expected first quarter adjusted earnings per share and sales results. The company reported quarterly losses of...

8 months ago - Benzinga

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?

8 months ago - Zacks Investment Research

CalAmp Shares Slide After Q1 Results Miss Estimates, Revenue Dips ~19%

CalAmp Corp. (NASDAQ: CAMP) reported a first-quarter revenue decline of 18.8% year-over-year to $64.73 million, missing the consensus of $69.43 million. Adjusted EPS was $(0.10), missing the consensus...

8 months ago - Benzinga

CalAmp Reports First Quarter Fiscal Year 2023 Financial Results

Software and Subscription Services revenue increases 13% year-over-year to $40 million, representing 61% of total revenue

8 months ago - GlobeNewsWire

LFUS vs. CAMP: Which Stock Should Value Investors Buy Now?

LFUS vs. CAMP: Which Stock Is the Better Value Option?

Other symbols: LFUS
8 months ago - Zacks Investment Research

CalAmp and Bristlecone Partner to Bring Enhanced End-to-End Supply Chain Visibility to Global Enterprises

IRVINE, Calif., June 22, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

8 months ago - GlobeNewsWire

CalAmp Appoints Wes Cummins to Board of Directors

IRVINE, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

8 months ago - GlobeNewsWire

CalAmp Partners with assured Techmatics to Deliver Data Insights for Commercial Fleet ELD Compliance in United States, Canada and Mexico

IRVINE, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

8 months ago - GlobeNewsWire

CalAmp (CAMP) Moves 5.6% Higher: Will This Strength Last?

CalAmp (CAMP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in t...

8 months ago - Zacks Investment Research

CalAmp Announces Date for Fiscal 2023 First Quarter Earnings Conference Call

IRVINE, Calif., June 09, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

8 months ago - GlobeNewsWire