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CalAmp Corp (CAMP.OQ)

CAMP.OQ on NASDAQ Stock Exchange Global Select Market

15.91USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

CalAmp Q1 GAAP loss per share $0.07
Tuesday, 28 Jun 2016 04:02pm EDT 

CalAmp Corp : "Remain cautious in very near term as macro conditions in North America have resulted in softer than expected demand from key customers" . CalAmp Corp says for Q2 of fiscal 2017 ending August 31, 2016 revenue in range of $90 million to $95 million . Expect second half of year to be stronger than first half, with consolidated revenue reaching a $100 million quarterly run rate later in year . Q2 outlook includes approximately $6 million of revenue and a modest positive contribution to profitability from our satellite segment . Q2 earnings per share view $0.28, revenue view $96.5 million -- Thomson Reuters I/B/E/S . Sees Q2 non-GAAP net income in range of $0.25 to $0.31 per diluted share . Sees Q2 2017 adjusted EBITDA in range of $12 to $16 million . CalAmp reports fiscal 2017 first quarter financial results . Q1 GAAP loss per share $0.07 . Q1 revenue $91.1 million versus I/B/E/S view $80.7 million . Q1 earnings per share view $0.21 -- Thomson Reuters I/B/E/S .Q1 adjusted non-GAAP earnings per share $0.30.  Full Article

Calamp announces $25 mln share repurchase plan
Tuesday, 28 Jun 2016 04:01pm EDT 

Calamp Corp : Calamp announces $25 million share repurchase plan .Expects to fund repurchases with cash on hand.  Full Article

CalAmp to acquire Lojack Corporation
Monday, 1 Feb 2016 04:01pm EST 

CalAmp Corp:To acquire Lojack Corporation.Says deal valued at about $134 million.Deal for $6.45 per share.Says transaction is expected to be highly accretive to calamp's earnings in the first 12 months following consummation.Says CalAmp will fund the acquisition with existing cash on hand.Says deal expected to be highly accretive to calamp's earnings in the first 12 months following consummation of the transaction.Transaction has been unanimously approved by both companies' boards of directors.  Full Article

CalAmp offers to acquire LoJack for $5.50 per share in cash
Thursday, 10 Dec 2015 07:30am EST 

CalAmp:Announced that it has made an offer to acquire all of the outstanding shares of common stock of LoJack Corp, for $5.50 per share in cash, in a transaction valued at approximately $113 million.  Full Article

CalAmp Corp updates Q3, FY 2016 outlook
Thursday, 10 Dec 2015 07:30am EST 

CalAmp Corp:Expects Q3 2016 revenue in the range of $74 to $75 million, with GAAP-basis net income in the range of $0.10 to $0.11 per diluted share and non-GAAP net income in the range of $0.29 to $0.31 per diluted share.Says that in addition, the company also expects FY 2016 revenues in the range of $282 to $288 million.  Full Article

CalAmp gives Q3 2016 guidance in line with analysts' estimates; narrows FY 2016 revenue guidance to a range in line with analysts' estimates
Thursday, 1 Oct 2015 04:01pm EDT 

CalAmp:Expect to achieve Q3 2016 consolidated revenue in the range of $71 to $76 million.Expect Q3 2016 GAAP-basis net income in the range of $0.08 to $0.12 per diluted share and non-GAAP net income in the range of $0.26 to $0.30 per diluted share.Says FY 2016 revenues are expected to be in the range of $281 to $289 million.Q3 2016 revenue of $73 mln and EPS of $0.28 - Thomson Reuters I/B/E/S.FY 2016 revenue of $283 mln - Thomson Reuters I/B/E/S.  Full Article

CalAmp gives Q2 2016 guidance in line with analysts' estimates; gives FY 2016 revenue guidance in line with analysts' estimates
Tuesday, 30 Jun 2015 04:01pm EDT 

CalAmp:Expects to achieve Q2 2016 consolidated revenue in the range of $66 to $70 million.Expect Q2 2016 GAAP-basis net income in the range of $0.07 to $0.11 per diluted share and non-GAAP net income in the range of $0.24 to $0.28 per diluted share.Says FY 2016 revenues expected to be in the range of $280 to $290 million.Q2 2016 revenue of $68 mln and EPS of $0.26 - Thomson Reuters I/B/E/S.FY 2016 revenue of $283 mln - Thomson Reuters I/B/E/S.  Full Article

CalAmp Corp Issues additional $22.5 million senior notes due 2020 - Form 8-K
Wednesday, 27 May 2015 05:01pm EDT 

CalAmp Corp:Issued an additional $22.5 million principal amount of 1.625 pct convertible senior notes due 2020.Says received net proceeds of about $21.9 million from sale of additional notes.  Full Article

CalAmp announces pricing of $150 mln of 1.625 pct convertible senior notes
Friday, 1 May 2015 07:00am EDT 

CalAmp Corp:Says pricing of its private offering of $150 mln aggregate principal amount of 1.625% Convertible Senior Notes due 2020 to be sold to qualified institutional buyers.Size of the offering was increased from the previously announced aggregate principal amount of $125 mln.Grants the initial purchasers of the notes a 30-day option to purchase up to an additional $22.5 million aggregate principal amount of notes.Offering is expected to close on May 6.Estimates that the net proceeds from the offering of the notes will be about $145.6 mln.  Full Article

CalAmp announces proposed private offering of $125 million of convertible senior notes
Wednesday, 29 Apr 2015 04:05pm EDT 

CalAmp:Intends to offer, subject to market and other conditions, $125 million aggregate principal amount of Convertible Senior Notes due 2020 in a private offering.Expects to grant to the initial purchasers of the notes a 30-day option to purchase up to an additional $18.75 million aggregate principal amount of notes.Expects to use a portion of the net proceeds from the offering of the notes to fund the cost of convertible note hedge transactions with the hedge counterparties.Expects to use the remainder of the net proceeds from the sale of the notes for general corporate purposes, which may include acquisitions, strategic transactions and working capital.  Full Article

BRIEF-Calamp Q2 adj non-GAAP earnings per share $0.27

* Calamp reports fiscal 2017 second quarter financial results