Transformation At CalAmp

  • The company is slowly shifting from a hardware-orientated business towards a more subscription and SaaS-based business model.
  • LoJack US especially has some way to go here, due to the legacy network.
  • Management is taking many useful steps which are likely to pay off in the medium term, but it first has to navigate a resurgence of the pandemic.

Source: Transformation At CalAmp (NASDAQ:CAMP) | Seeking Alpha