Calamp Corp. (CAMP) Updated Q3 Guidance Misses Views
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CalAmp Updates Fiscal 2019 Third Quarter Financial Outlook
December 10, 2018 4:30 PM UTCIRVINE, Calif., Dec. 10, 2018 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a technology solutions pioneer leading transformation in a global connected economy, today updated its financial outlook for the fiscal 2019 third quarter ended November 30, 2018.Â
When the Company provided the financial outlook for the third quarter of fiscal 2019 on September 27, 2018, management discussed an accelerated supply chain diversification program to transition its manufacturing to tier one global contract manufacturers with facilities outside of China. Â This program was initiated against the backdrop of the escalation of trade tensions between the U.S. and China. During the... More
