CalAmp Corp. (CAMP) reported third quarter non-GAAP EPS of $0.21 after the bell Wednesday, down from $0.31 a year ago. The consensus estimate was for EPS of $0.26. Fourth quarter non-GAAP EPS is expected to be between $0.25 and $0.31. Street expectations are for EPS of $0.27. The stock is now down 1.03 on 45K shares.
CalAmp posted modest gains around midday Wednesday and closed up by 0.19 at $15.73. The stock closed challenging the upper end of a week and a half long trading range.
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