CalAmp Corp. (CAMP)

NASDAQ: CAMP · IEX Real-Time Price · USD
0.251
+0.011 (4.58%)
At close: Dec 29, 2023, 4:00 PM
0.258
+0.007 (2.79%)
After-hours: Dec 29, 2023, 7:08 PM EST
4.58%
Market Cap 9.54M
Revenue (ttm) 290.00M
Net Income (ttm) -21.08M
Shares Out 37.99M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE 1.61
Dividend n/a
Ex-Dividend Date n/a
Volume 652,134
Open 0.235
Previous Close 0.240
Day's Range 0.232 - 0.258
52-Week Range 0.160 - 5.360
Beta 2.11
Analysts Hold
Price Target 1.96 (+680.88%)
Earnings Date Jan 9, 2024

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 644
Stock Exchange NASDAQ
Ticker Symbol CAMP
Full Company Profile

Financial Performance

In 2022, CalAmp's revenue was $294.95 million, a decrease of -0.30% compared to the previous year's $295.84 million. Losses were -$32.49 million, 16.1% more than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CAMP stock is "Hold." The 12-month stock price forecast is $1.96, which is an increase of 680.88% from the latest price.

Price Target
$1.96
(680.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

CalAmp Announces Date for Fiscal 2024 Third Quarter Earnings Conference Call

IRVINE, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will r...

5 days ago - GlobeNewsWire

Top 4 Tech Stocks That Are Set To Fly In Q4 - ReAlpha Tech Corp (NASDAQ:AIRE), CalAmp (NASDAQ:CAMP)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: AIRECMTLLIDR
11 days ago - Benzinga

CalAmp Announces Completion of Strategic Financing with Lynrock Lake

IRVINE, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with telematics solutions, to...

13 days ago - GlobeNewsWire

Top 5 Tech Stocks You'll Regret Missing This Quarter - Cerence (NASDAQ:CRNC), CalAmp (NASDAQ:CAMP)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: CRNCGNSSMAXNWKEY
2 months ago - Benzinga

CalAmp Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

IRVINE, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ...

3 months ago - GlobeNewsWire

CalAmp Reports Second Quarter Fiscal Year 2024 Financial Results

The company generated positive Cash Flow from Operations and continued strong Adjusted EBITDA in Q2 The company generated positive Cash Flow from Operations and continued strong Adjusted EBITDA in Q2

3 months ago - GlobeNewsWire

CalAmp Announces Date for Fiscal 2024 Second Quarter Conference Call

IRVINE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will ...

3 months ago - GlobeNewsWire

CalAmp Announces the Unexpected Passing of President and CEO Jeff Gardner

IRVINE, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), announced that Jeff Gardner, the Company's President and Chief Executive Officer, passed away unexpectedly on Sunday August 27t...

4 months ago - GlobeNewsWire

Top 5 Tech Stocks You'll Regret Missing This Quarter - National Instruments (NASDAQ:NATI), CalAmp (NASDAQ:CAMP)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: NEONPBTSWKEY
5 months ago - Benzinga

CalAmp Reports First Quarter Fiscal Year 2024 Financial Results

Gross Margin increases 280 basis points and Adjusted EBITDA remained strong in the quarter at $6.0 million The Company's Board of Directors has decided to explore strategic alternatives IRVINE, Calif....

6 months ago - GlobeNewsWire

Top 5 Tech Stocks You'll Regret Missing This Quarter - ChipMOS TECHNOLOGIES (NASDAQ:IMOS), CalAmp (NASDAQ:CAMP)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: IMOSMEIOSISRELL
6 months ago - Benzinga

CalAmp Announces Date for Fiscal 2024 First Quarter Earnings Conference Call

IRVINE, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will r...

6 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating CalAmp Corp. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , May 31, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim ...

7 months ago - PRNewsWire

CalAmp Announces CEO Transition

Jeff Gardner to Step Down as CEO; Search Underway to Identify Successor Jeff Gardner to Step Down as CEO; Search Underway to Identify Successor

8 months ago - GlobeNewsWire

CalAmp To Participate at the Oppenheimer Emerging Growth Conference on May 11

IRVINE, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps people and organizations improve operational performance, today announced its ...

8 months ago - GlobeNewsWire

CalAmp Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Gross Margin increases 160 Bps and adjusted EBITDA increases 44% quarter-over-quarter to $6.8 million Gross Margin increases 160 Bps and adjusted EBITDA increases 44% quarter-over-quarter to $6.8 mill...

8 months ago - GlobeNewsWire

CalAmp Announces Date for Fiscal 2023 Fourth Quarter and Full Year Earnings Conference Call

IRVINE, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps people and organizations improve operational performance, today announced th...

9 months ago - GlobeNewsWire

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 year 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 year ago - GlobeNewsWire

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 year ago - GlobeNewsWire

CalAmp Reports Third Quarter Fiscal Year 2023 Financial Results

Total consolidated revenue increases 8% sequentially to $78.9 million

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire

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

1 year 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 ...

1 year ago - GlobeNewsWire