Wednesday, July 11, 2007

UPDATE 1-Calamp forecasts first quarter loss

(Reuters) - CalAmp now sees a first quarter loss in the range of 47
cents to 49 cents, citing a $16 million pre-tax charge,
equivalent to about 41 cents per share share net of tax.




Analysts on average had forecast the company to post a net
loss of 8 cents on revenue of $44.9 million for the quarter,
according to Reuters Estimates.


Read more at Reuters.com Market News

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