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Why CalAmp Corp. Stock Spiked Nearly 48% in 2017 [The Motley Fool]

CALAMP (CAMP)  More Company Research Source: The Motley Fool
Last calamp earnings: 4/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.calamp.com/home/default.aspx
PDF Several quarterly earnings beats and a successful transition away from its former satellite business boosted investor sentiment. Chris Neiger ( TMFNewsie ) Jan 17, 2018 at 10:55AM What happened CalAmp Corp . ( NASDAQ:CAMP ) saw its shares rise by 47.8% in 2017, according to data provided by S&P Global Market Intelligence , as investors bought into the growth story after the machine-to-machine communications specialist reported a string of strong quarterly results. So what CalAmp's shares started moving higher in March and then popped in April, after the company reported its earnings for the fiscal fourth quarter 2017. Sales increased 22% year over year and earnings per share came in at $0.28 per diluted share, narrowly beating analysts' consensus estimate of $0.27 per share. Investors were happy to see the company's results fall in line with ma [Read more]

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