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CalAmp: Fiscal Q2 Earnings Snapshot
By AP News - Oct 05, 2023, 04:45 PM ET
Last Updated - Oct 05, 2023, 04:45 PM EDT
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — CalAmp Corp. (CAMP) on Thursday reported a loss of $4.2 million in its fiscal second quarter.
On a per-share basis, the Irvine, California-based company said it had a loss of 11 cents. Earnings, adjusted for stock option expense and amortization costs, came to less than 1 cent on a per-share basis.
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The wireless communications company posted revenue of $61.7 million in the period.
In the final minutes of trading on Thursday, the company's shares hit 45 cents. A year ago, they were trading at $4.17.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAMP at https://www.zacks.com/ap/CAMP
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