Education
About Us
Working with TipRanks
Follow Us
CAMP4 Therapeutics Corporation (CAMP)
NASDAQ:CAMP
RESEARCH TOOLSreports
Earnings Data
Report Date
―TBA Not Confirmed
Period Ending
―Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -0.99%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong strategic initiatives, cost reduction measures, and new product launches countered by significant revenue and gross margin declines, as well as a notable goodwill impairment.Company Guidance
During the CalAmp Corp. Q3 FY '24 Earnings Call, several key metrics and guidance were discussed. The company reported total revenues of $53.6 million, marking a 32% year-over-year and 13% sequential decline, primarily due to reduced sales to TSP customers. Adjusted EBITDA was $1 million, or 2% of revenues, which was below expectations due to lower revenue and gross margin. Recurring application subscription revenue was $17.8 million, with declines in the connected car U.K. operations offset by growth in the K-12 segment. Gross margin decreased to 33% from the previous quarter’s 36%. The call highlighted a cost-reduction initiative expected to save approximately $16 million annually, reducing the adjusted EBITDA breakeven point to $42 million in quarterly revenue. The strategic financing agreement with Lynrock Lake, involving a $45 million term loan, aims to enhance liquidity and support restructuring efforts. Looking ahead, the company anticipates a slight decrease in consolidated revenues with stable adjusted EBITDA in Q4, expecting industrial market segment revenues to normalize while seeing some recovery in TSP customer orders.Successful Migration to New Device Management System
CalAmp completed the migration of over 8.5 million devices from the legacy PULS system to the new DMCTC, enhancing functionality and benefits for TSP customers.
Launch of Vision 2.1 AI Dash Cam
CalAmp released an upgraded version of its AI dash cam solution, Vision 2.1, which integrates telematics functionality with standalone video capabilities, targeting K-12 and commercial fleet applications.
Cost Reduction Initiatives
Implemented a significant cost-reduction initiative expected to save $16 million annually by FY '25, reducing operating expenses and cost of goods.
International Connected Car Business Achievements
Achieved Toyota 'Genuine' certification and Jaguar Land Rover endorsement for the Stolen Vehicle Recovery system, strengthening market position in the UK.
Strategic Financing Agreement
Secured a $45 million term loan with Lynrock Lake, providing financial flexibility and supporting business transformation efforts.
CAMP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CAMP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $2.02 | $1.86 | -7.92% |
Mar 27, 2025 | $4.42 | $4.29 | -2.94% |
Nov 21, 2024 | $5.78 | $5.41 | -6.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CAMP4 Therapeutics Corporation (CAMP) report earnings?
Currently, no data Available
What is CAMP4 Therapeutics Corporation (CAMP) earnings time?
Currently, no data Available
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CAMP EPS forecast?
Currently, no data Available