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CalAmp jumps 9% on FQ4 earnings beat; slight improvement in gross margin seen

Apr. 29, 2022 3:52 PM ETCalAmp Corp. (CAMP) StockBy: Manshi Mamtora, CFA
  • CalAmp (NASDAQ:CAMP +9.0%) FQ4 revenue drops 16.6% to $68.38M.
  • Non-GAAP EPS of -$0.01 beats consensus by $0.02.
  • Bifurcating revenue: Software and Subscription Services revenue in Q4 was $41.2M; Telematics Products revenue in the quarter was down 16% sequentially to $27.1M.
  • Gross

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