CalAmp Reports Record Revenue Featured

By Staff Writer September 30, 2018

CalAmp reported that consolidated revenue reached a new quarterly record of $96 million, up 7 percent year-over-year.

The company’s gross margin was 41.5 percent, up from 40.1 percent in the prior quarter.

CalAmp executed arrangements with large U.S. dealership groups including Salinas Valley Ford to leverage the LoJack brand and deliver telematics technology solutions to empower dealerships in delivering advanced connected car services and driver safety features to customers.

Last modified on Sunday, 30 September 2018 20:38

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