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Stock impact report

Why CalAmp Corp. Stock Fell 13.7% in April [The Motley Fool]

CalAmp Corp. (CAMP) 
Last calamp corp. earnings: 12/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.calamp.com/home/default.aspx
Company Research Source: The Motley Fool
The M2M technology company fell despite a good quarterly report. Here's what investors need to know. Steve Symington ( TMFSymington ) May 11, 2018 at 8:12PM What happened Shares of CalAmp Corp.  ( NASDAQ:CAMP ) declined 13.7% in April, according to data from  S&P Global Market Intelligence , after the machine-to-machine communications company delivered a solid fiscal fourth-quarter 2018 report , but followed with light forward guidance. More specifically, CalAmp's revenue last quarter climbed 9.6% year over year to $94.4 million, and translated to 11.1% growth in adjusted net income to $10.9 million. Adjusted net income per share also rose 7.1% to $0.30. By comparison, CalAmp's own financial guidance -- provided with its previous quarter's report in December -- called for roughly the same revenue of $91 million to $96 million and adjusted ear Show less Read more
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