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CalAmp Corp Issues Q2 2013 Guidance; EPS Guidance Above Analysts' Estimates
CalAmp Corp announced that for the second quarter of 2013, it expects consolidated revenues in the range of $41 to $45 million, GAAP basis net income in the range of a $0.09 to $0.13 per diluted share and non-GAAP net income (EPS) in the range of $0.13 to $0.17 per diluted share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $41 million and EPS of $0.11 for the second quarter of 2013.
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