Camp4 Therapeutics Corp. Stock Price, News & Analysis

CalAmp (Nasdaq: CAMP) has announced the release date for its fiscal 2021 second quarter results, set for September 24, 2020, after the market closes. Following this, a conference call will be held at 4:30 PM ET to discuss the financial results, accessible via the company's website. A replay of the call will be available for 90 days. With over 20 million products installed worldwide and 1.3 million software subscribers, CalAmp continues to be a pioneer in the mobile connected economy.

CalAmp (Nasdaq: CAMP) announced significant upgrades to its Synovia Solutions fleet intelligence platform, enhancing its mobile application capabilities. The new features allow fleet operators to clock in/out and conduct trip inspections remotely, addressing customer needs due to COVID-19. The upgrades aim to streamline operations and improve safety by incorporating COVID-19 hygiene checks and wellness validation. Synovia serves over 1,000 fleet customers and has achieved a user-friendly app rating of 4.7 stars on the Apple App Store, enhancing its value proposition in the mobile connected economy.

CalAmp (Nasdaq: CAMP) announced the appointment of Kirsten Wolberg to its Board of Directors on August 26, 2020. Wolberg, currently serving as chief technology & operations officer at DocuSign, brings over 20 years of experience from companies like PayPal and Salesforce. Her expertise in technology management is seen as vital for CalAmp's corporate transformation and growth strategy. Both the Chair and CEO expressed confidence in her ability to contribute valuable insights to enhance shareholder value.

CalAmp (Nasdaq: CAMP) appointed Amal M. Johnson as Chair of its Board of Directors, marking a significant leadership change as she replaces A.J. "Bert" Moyer. Johnson has served on the board for nearly seven years and is the first female Chair in the company's 39-year history. CEO Jeff Gardner expressed confidence in her ability to guide the company through growth and innovation, while Moyer commended her extensive experience in technology sectors. Johnson aims to drive continued growth and customer transformation in the mobile connected economy.

CalAmp (Nasdaq: CAMP), a leader in mobile IoT technology, will participate in two virtual financial conferences. The Jefferies Industrials Conference is scheduled for August 6, 2020, featuring a fireside chat with Jeff Gardner, President and CEO, at 10:15 a.m. PT. The Canaccord Genuity Annual Growth Conference follows on August 12, 2020, with discussions by Gardner and CFO Kurt Binder at 11:00 a.m. PT. Live webcasts and archives will be available on the CalAmp website.

CalAmp (Nasdaq: CAMP) has officially appointed Jeff Gardner as its president and CEO, effective immediately, following his interim role since March 25, 2020. The board expressed confidence in Gardner's leadership during a pivotal transition toward becoming a SaaS solutions provider. Gardner emphasized the company's strong position to capitalize on its competitive advantages and the commitment of its talented team. CalAmp remains focused on innovating and meeting customer needs as it navigates current market conditions.

LoJack, a brand of CalAmp (Nasdaq: CAMP), reported a significant 15% increase in auto theft recoveries in April 2020 compared to the same month in 2019. May 2020 continued this upward trend, showing an 11% increase over the previous year. Key states such as California, Colorado, and Washington State saw recovery increases of 35%, 20%, and 25%, respectively. The company emphasizes the need for vehicle protection during the pandemic and offers innovative solutions like the LoJack Stolen Vehicle Recovery System, which boasts a recovery rate exceeding 90% and has helped recover over $1 billion worth of vehicles in the U.S.