2 Things You Need to Know

CalAmp at Mid-Year

1) Disappointing Wall Street

First QuarterResults weren’t 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.

Disappointing Wall Street

Second Quarter

2) What to Watch:The Segments that Really Matter

If this term is new to you, the idea behind the “Internet of Things” is best explained by Foolish colleague Chris Neiger, who says:

“A 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 you’ve run out of milk).”

The Internet of Things

Put more simply, using Chris’s words:

“Think of the Internet of Things as a way for everyday objects to talk to each other,

and talk to you.”

The Internet of Things

• Though it’s 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.

CalAmp’s Role in the Internet of Things

CalAmp & the Internet of Things

Insurance TelematicsIn 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 CalAmp’s 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.

What to Watch: Internet of Things

Heavy Equipment

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...

The other half of the Internet of Things