CalAmp Corp. (CAMP) Earnings Call Transcript: 2015 Q3 Results

Michael Burdiek

Well, for the last few years, we’ve tried to describe the satellite business as a $40 million a year business. But not quite that predictable. But that 40 million a year really broken down by $10 million dollar a quarter plus or minus $2 million. We’ve been running below 10 million for two sequential quarters and we’ve obviously guided to that into Q4. We had an exceptional year in the satellite business last year and just as a point of reference last year Q3, we had more than $13 million of satellite product revenue. This latest quarter, we had something in the neighborhood of 8.6 million, so down 5 million year-over-year.

But last year was an exceptional year. And we think the run rates we’ve experienced last two quarters, three quarters are probably more indicative of the business on a go-forward basis.

Greg Burns,Sidoti& Company

Okay, thank you.

Operator

Thank you. At this time, I will turn the call back over to Michael Burdiek, our CEO, for closing comments.

Michael Burdiek

Well, thanks again for joining us today, and we look forward to speaking with you again at the end of the fourth quarter. Happy holidays.

Operator

Thank you. This does conclude today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.