CalAmp Corp. (NASDAQ: CAMP) is on The StockGuru Leader Board today. The stock closed up 9.90% on Monday.
Volume was 259,882 shares traded.
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About the Company:
CalAmp Corp. develops and markets wireless communications solutions that deliver data, voice, and video for critical networked communications and other applications primarily in the United States. The companys Wireless DataCom segment offers wireless communications technologies, products, and services to the wireless networks and mobile resource management (MRM) markets for various applications. It designs and provides applications involving various combinations of private and public networks, narrow-band and broad-band frequencies, licensed and unlicensed radio spectrum, and mobile and fixed-remote communications. This segment also designs and builds multi-network wireless systems that permit first-responder fire, police, and emergency medical services personnel to access data and communicate remotely with colleagues, dispatchers, and back-office databases; and provides various MRM wireless solutions, including global positioning system location, cellular data modems, and programmable events-based notification firmware as main components that allow customers to know where and how their assets are performing. It sells its products and services for utility, governmental, and enterprise customers through direct and indirect sales channels. The companys Satellite segment develops, manufactures, and sells direct broadcast satellite (DBS) outdoor consumer premise equipment for digital and high definition satellite television reception. Its DBS reception products receive subscription television programming signals transmitted from orbiting satellites. This segments DBS reception products primarily include outdoor electronics that receive, process, amplify, and switch satellite television signals for distribution over coaxial cable to multiple set-top boxes inside the home. CalAmp Corp. was founded in 1981 and is headquartered in Oxnard, California.
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