November 24, 2023
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CalAmp had record fourth quarter revenue but still lost money


Connected device company CalAmp, with operations in Oxnard, announced record fourth quarter revenue of $94.4 million on April 26. The company had a net loss of $4.77 million for the quarter ended Feb. 28, but reported net income of $16.6 million for the full year, compared to a nearly $8 million net loss in fiscal…


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