|Bid||7.75 x 800|
|Ask||8.88 x 800|
|Day's Range||8.38 - 8.56|
|52 Week Range||3.70 - 12.14|
|Beta (5Y Monthly)||2.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec. 17, 2020 - Dec. 21, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.31|
Shares of CalAmp (NASDAQ: CAMP) tumbled 12% in September, according to data provided by S&P Global Market Intelligence, after the company reported its second-quarter results toward the end of the month. CalAmp's steep share price drop during the month was far greater than the 4% loss the S&P 500 suffered and came in stark contrast to the broader gains many tech stocks have experienced over the past few months. CalAmp reported revenue of $83.5 million in the second quarter, down 10.4% from the year-ago quarter.
With us today are CalAmp's President and Chief Executive Officer, Jeff Gardner; and Chief Financial Officer, Kurt Binder. Before we begin, I'd like to remind you that this call may contain forward-looking statements.
CalAmp (CAMP) delivered earnings and revenue surprises of -50.00% and 8.89%, respectively, for the quarter ended August 2020. Do the numbers hold clues to what lies ahead for the stock?