3. First Quarter
๏ Results werenโt that bad:
earnings and revenue
came in just below
analyst estimates.
๏ Guidance, however, was
very weak. That,
combined with an
expensive stock, is why
shares tanked.
๏ The company slightly beat
their watered-down
guidance for this quarter.
๏ Again, however, guidance
was weak. Management
blamed an expected
decline in its Positive Train
Control and Mobile
Resource Management for
the tepid outlook.
Second Quarter
4.
5. If this term is new to you, the idea behind the โInternet
of Thingsโ is best explained by Foolish colleague Chris
Neiger, who says:
โA network of physical objects (refrigerators!) that
contain embedded technology (like sensors and Wi-Fi)
to communicate and sense or interact with their internal
states or the external environment (that tell your
smartphone when youโve run out of milk).โ
6. Put more simply, using Chrisโs words:
โThink of the Internet of Things as a
way for everyday objects to talk to
each other, and talk to you.โ
7. Though itโs been
in business for
over a decade,
the technology
helping
machines talk to
each other is just
taking off.
CalAmp sits in
an enviable
position to
benefit from this
technology.
CalAmpโs
Role
8. Insurance Telematics
๏ In this division, insurance
companies are willing to
give customers
significantly reduced
premiums if they have
devices tracking their
driving behavior.
๏ It is one of the first massive
applications for CalAmpโs
products in the Internet of
Things.
๏ The company offers
technology to help
manufacturers and
construction companies
track and monitor their
equipment.
๏ A large deal with
Caterpillar is expected
to help drive adoption.
Heavy Equipment
9. The ability for machines to communicate is half of the
equation to the Internet of Things. The other half
involves technology that helps devices sense what is
happening around them. To find out about a company
driving this technology, check out our special free report
The Tiny Company Behind Wearable Technology and
the Internet of Things Is...