CalAmp Delivers a Quarterly Beat on Telematics Strength
CalAmp Corp. (NASDAQ: CAMP) announced strong fiscal third-quarter 2018 results on Dec. 21 after the market closed, setting fresh records for both revenue and profitability, while extending the recent momentum of its telematics and software initiatives. But CalAmp also followed up with seemingly conservative forward earnings guidance.
Let's take a closer look at what drove CalAmp's business over the past few months, and what investors can expect following the stock's 56% climb so far this year.
Image source: Getty Images.
Source: Fool.com
Calamp Corp. Stock
€0.13
2.130%
The community is currently still undecided about Calamp Corp. with 2 Buy predictions and 0 Sell predictions.
Based on the current price of 0.13 € the target price of 5 € shows a potential of 3775.97% for Calamp Corp. which would more than double the current price.
