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CalAmp Reports Fourth Quarter and Fiscal Year 2021 Financial Results


CalAmp Reports Fourth Quarter and Fiscal Year 2021 Financial Results
Quarterly revenue together with revenue from discontinued operations increased sequentially to $89.5 million
Achieves 6% year-over-year quarterly revenue growth from continuing operations, including $35 million in SaaS revenue
Annual Recurring Revenue increases 15% to $87 million for the full year, excluding the Automotive Vehicle Finance business
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IRVINE, Calif., April 22, 2021 /PRNewswire/
 CalAmp (Nasdaq: CAMP), a global connected intelligence company helping businesses and people track, monitor and recover vital assets with real-time visibility and insights, today reported financial results for its fourth quarter and fiscal year 2021 ended February 28, 2021. On March 16, 2021, the Company announced that Spireon acquired its LoJack North America business, which is being accounted for as discontinued operations and thereby excluded from the repo ....

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