CalAmp's Momentum Accelerates With Another Strong Quarter
CalAmp Corp. (NASDAQ: CAMP) announced solid fiscal second-quarter 2018 results on Thursday after the market closed, punctuated by continued strong growth of telematics product sales, the company's largest-ever software-as-a-service (SaaS) contract, and a number of expanded relationships with significant customers. Even so, CalAmp's results were largely in line with expectations, and shares of the machine-to-machine communications specialist are little changed in after-hours trading as of this writing.
Let's take a deeper look at what CalAmp accomplished in recent months, as well as what investors can expect going forward.
IMAGE SOURCE: GETTY IMAGES.
Source: Fool.com
Calamp Corp. Stock
€0.13
2.130%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Calamp Corp. stock is not clear.
With a target price of 5 € there is potential for a 3775.97% increase which would mean more than doubling the current price of 0.13 € for Calamp Corp..
