Share price of CalAmp Corp. (NASDAQ:CAMP), a wireless communications solution provider, fell almost 50% from their peak over the last couple of months, primarily because of the company's below consensus fiscal 2015 Q1 earnings guidance. Moreover, CAMP's fiscal 2014 Q4 EPS of $0.20 missed consensus estimates by $0.02 and revenue of $59.8 million missed estimates by $1.69 million.
CAMP data by YCharts
CAMP said that its FQ1 revenue would be in the range between $56 million and $60 million, below consensus estimates of $64.3 million and EPS in the range between $0.17 and $0.21, below consensus estimates of $0.23. The company expects that revenue could decline by approximately $3 million in the FQ1 from one of its key...
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