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Re: bar1080 post# 50625

Saturday, 05/27/2017 7:44:39 PM

Saturday, May 27, 2017 7:44:39 PM

Post# of 54371
PLNT - still short? I took a quick glance and I'm not seeing it yet but placed it on watch. I do own some puts in CAMP and looking for more short/put oppurtunities in this way overfrothed market.

CAMP $18.70 - put out one of those Friday afterclose not-so-hot 8-K's. Looks like they'll take another (.09)eps pending lawsuit hiccie to their already underpar guidance for Q-1?

As a result of the stipulation, the Company expects to record an additional reserve of $5.3 million in its fiscal quarter ending May 31, 2017, which net of income tax effects represents a charge of $0.09 per diluted share on a GAAP basis.


http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12095943&RcvdDate=5/26/2017&CoName=CALAMP%20CORP.&FormType=8-K&View=html


Business Outlook
The outlook for the fiscal 2018 first quarter ending May 31, 2017 is:
?
Consolidated revenue in the range of $84 to $90 million.

?
GAAP basis net income in the range of $0.01 to $0.09 per diluted share and non-GAAP net income in the range of $0.24 to $0.32 per diluted share.

?
Adjusted EBITDA in the range of $11 to $14 million.


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