CalAmp Reports FY3Q11 Results

CalAmp Corp. CAMP today reported results for its fiscal third quarter ended November 30, 2010. Key elements include: -- Consolidated third quarter revenues of $29.6 million; wireless datacom third quarter revenues up 52% year-over-year to $21.2 million. -- Consolidated gross margin percentage of 26.1%, up from 19.2% in third quarter of prior year. -- GAAP net loss of $0.2 million, or $0.01 loss per diluted share; Adjusted Basis (non-GAAP) net income of $0.4 million, or $0.01 per diluted share; both within guidance. -- Third quarter net cash provided by operations of $0.8 million.