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CalAmp Is At An Inflection Point

July 1st, 2019 · No Comments

  • CalAmp’s telematic business has been beset by supply chain issues and purchasing accounting, but these headwinds should wear off during the rest of the year.
  • That will lay bare the underlying shift to a more SaaS-based business model, producing more recurring revenues, higher margins and opening up new revenue streams.
  • Management argued that Q1 was the inflection point and given the historically low valuation multiples, this looks like the right time to climb on board.

Source: CalAmp Is At An Inflection Point – CalAmp Corp. (NASDAQ:CAMP) | Seeking Alpha

Tags: CAMP