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CalAmp decreases revenue forecast

By   /   Monday, December 10th, 2018  /   Comments Off on CalAmp decreases revenue forecast

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CalAmp shares fell by 10 percent in after-hours trading Dec. 10 when the company decreased its third quarter revenue forecast by more than 6 percent and forecast a 1-3 cent loss per share. The Oxnard telematics company said tensions between China and the U.S. had prompted it to accelerate a diversification of its supply chain,…

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