Calamp Corp. (CAMP) Tops Q4 EPS by 4c
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CalAmp Reports Fourth Quarter and Fiscal Year 2023 Financial Results
April 27, 2023 4:05 PM EDTIRVINE, 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, CalAmps president and CEO. The Company significantly reduced expenses through a restructuring late in Q4 to align the organization to a recurring... More
