News & Videos - CALAMP CORP.

IRVINE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today announced that on February 5, 2024, the Human Capital Committee of CalAmp’s Board of Directors granted inducement restricted and performance stock unit awards covering 65,218 shares of CalAmp common stock to its Chief Executive Officer. The awards were granted under CalAmp’s...

Thinking about buying stock in BioRestorative Therapies, Smart for Life, Jabil, CalAmp, or Rail Vision? PR Newswire NEW YORK, Feb. 5, 2024 NEW YORK , Feb. 5, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BRTX, SMFL, JBL, CAMP, and RVSN. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. BRTX:...

IRVINE, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its third quarter of fiscal year 2024 ended November 30, 2023. Third Quarter Fiscal Year 2024 Financial Overview Revenue was $53.6 million, representing a 13% decline QoQ and a 32% decline YoY driven primarily by softer demand in the TSP market segment. Gross margin was 33%,...

IRVINE, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company helping people and organizations improve operational performance with telematics solutions, is pleased to announce that Chris Adams will be joining the company as President and Chief Executive Officer (CEO), effective January 22, 2024. Adams is an accomplished technology leader who brings a wealth of knowledge and experience to CalAmp. He possesses a unique combination of technical depth,...

IRVINE, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will release its fiscal 2024 third quarter financial results after market close on Tuesday, January 9, 2024. In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on January 9, 2024, to discuss its financial results. The call may be accessed via webcast by visiting...

IRVINE, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company helping people and organizations improve operational performance with telematics solutions, today announced the closing of a $45 million strategic financing with Lynrock Lake Master Fund LP (“Lynrock”) in the form of a term loan maturing in November 2027. Lynrock is an existing holder of a large majority of CalAmp’s 2.00% Convertible Senior Notes maturing in August 2025 (the...

IRVINE, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today announced that on October 5, 2023, the Human Capital Committee of CalAmp’s Board of Directors granted inducement restricted stock unit awards covering 252,240 shares of CalAmp common stock to four new non-executive employees. The awards were granted under CalAmp’s 2023...

IRVINE, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its second quarter of fiscal year 2024 ended August 31, 2023. Second Quarter Fiscal Year 2024 Financial Overview Total revenue was $61.7 million in the quarter, representing a $9.2 million decline sequentially and an $11.1 million decline year over year. Gross margin in the quarter...

IRVINE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will release its fiscal 2024 second quarter financial results after market close on Thursday, October 5, 2023. In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on October 5, 2023, to discuss its financial results. The conference call may be accessed via...

IRVINE, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), announced that Jeff Gardner, the Company’s President and Chief Executive Officer, passed away unexpectedly on Sunday August 27th due to presumed natural causes. Henry Maier, Chairman of the Board of Directors, issued the following statement on behalf of the Board: “We are shocked and profoundly saddened by the passing of Jeff Gardner. Jeff was a dedicated and humble leader who cared deeply for his colleagues, his family...

Gross Margin increases 280 basis points and Adjusted EBITDA remained strong in the quarter at $6.0 million The Company’s Board of Directors has decided to explore strategic alternatives IRVINE, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its first quarter of fiscal year 2024 ended May 31, 2023. First Quarter Fiscal Year 2024...

IRVINE, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps organizations improve operational performance, today announced that it will release its fiscal 2024 first quarter financial results after market close on Monday, July 10, 2023. In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on July 10, 2023 to discuss its financial results. The conference call may be accessed via webcast by...

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating CalAmp Corp. for Potential Breaches of Fiduciary Duty By Its Board of Directors PR Newswire NEW YORK, May 31, 2023 NEW YORK , May 31, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of CalAmp Corp. (NASDAQ: CAMP). If you are a shareholder of CalAmp Corp. and are interested...

IRVINE, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today announced that Jeff Gardner will be stepping down from his role as Chief Executive Officer, effective no later than October 30, 2023. The Company has commenced a search for its next CEO and will be retaining an executive search firm. In announcing his departure, Jeff Gardner shared,...

IRVINE, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps people and organizations improve operational performance, today announced its President and Chief Executive Officer, Jeff Gardner, and Chief Financial Officer, Jikun Kim, will participate at the Oppenheimer 8 th Annual Emerging Growth Conference on May 11, 2023, which will be held as a virtual event. Management will be available throughout the day to meet with investors...

IRVINE, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its fourth quarter and fiscal year 2023 ended February 28, 2023. “Fourth quarter results were highlighted by a significant increase in Adjusted EBITDA driven by a combination of gross margin increases and expense management,” said Jeff Gardner, CalAmp’s president and CEO....

IRVINE, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a leading telematics solution provider that helps people and organizations improve operational performance, today announced that it will release its fiscal 2023 fourth quarter and full year financial results after market close on Thursday, April 27, 2023. In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on April 27, 2023 to discuss its financial results. The conference call may...

IRVINE, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps people and organizations improve operational performance, today announced that it initiated a restructuring plan to reduce approximately eight percent of its employees across various functions. The Company implemented these actions to realign its operations to be more consistent with its S&SS business model. “We value our employees highly and considered this initiative...

IRVINE, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today announced its President and Chief Executive Officer, Jeff Gardner, Chief Financial Officer, Jikun Kim, and Senior Vice President of Finance, Cindy Zhang, will attend the 25 th Annual Needham Growth Conference, which will be held at the Lotte New York Palace Hotel in New York City. Management is scheduled to present...

Total consolidated revenue increases 8% sequentially to $78.9 million Software and Subscription Services revenue increases 11% sequentially to $49.3 million IRVINE, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP) , a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its third quarter of fiscal year 2023 ended November 30, 2022. “Revenue in the quarter exceeded the high-end of our...