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CalAmp slides as second quarter's revenue dropped 8% from last year

Sep. 23, 2022 1:33 PM ETCalAmp Corp. (CAMP) StockBy: SA News Team

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  • CalAmp (NASDAQ:CAMP) fell 18% on Friday despite reporting beat on both top and bottom lines in its second quarter earnings.
  • The California-based connected device vendor and mobile service provider CalAmp reported 7.9% decline in Q2 revenue to $72.8M (-7.9% Y/Y), still above the

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