Brief: CalAmp Reports Third Quarter 2024 Financial Results

CalAmp

09/01/2024 22:08

Jan 9 (Reuters) - CalAmp Corp  CAMP.O :
    * CALAMP REPORTS THIRD QUARTER FISCAL YEAR 2024 FINANCIAL
RESULTS
    * CALAMP CORP- DURING Q3, IMPLEMENTED INITIATIVES TO NARROW
STRATEGIC FOCUS AND TO REDUCE CASH EXPENSES BY APPROXIMATELY $16
MILLION ON AN ANNUALIZED BASIS
    * CALAMP CORP- EXPECT Q4 FY24 REVENUES TO BE DOWN SLIGHTLY
ON A
SEQUENTIAL BASIS AND ADJUSTED EBITDA TO BE STABLE
    * CALAMP CORP - QTRLY LOSS PER SHARE FROM CONTINUING
OPERATIONS
$2.27

Source text for Eikon:  ID:nGNX1FcZwJ 
Further company coverage:  CAMP.O 

 ((Reuters.Briefs@thomsonreuters.com;))