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

Mike Crawford,B. Riley & Co.

Thank you. Could you talk about the status of your CalAmpConnect platform and when we might see integration of the old platforms?

Michael Burdiek

Well, the platform development is going quite well. I think we talked last call about the fact that we are launching some or we plan to launch some new Hardware-as-a-Service opportunities that will rely on the Connect platform and its scalability and security and sort of multi-application support kind of capability. And we think some of those opportunities will begin to be realized in Q4.

We plan on continuing to support sort of our legacy platforms so long as there is a vibrant amount of commercial activity on those platforms. At some point in the future, I mean merely everything whether it’s a vehicle finance application all the way up through high-end fleet will migrate over to the Connect platform simply because of its scalability and its architecture that’s more application agnostic than any of our other bespoke platforms today.

Mike Crawford,B. Riley & Co.

Okay, thank you. And then why is the Appstore not — what’s keeping the Appstore from being open today?

Michael Burdiek

It’s ongoing testing and validation. The program’s generally on track. We had talked earlier in the year about a potential late calendar year release. That’s still possible because the calendar year’s not over. But I think we will be able to talk in more detail about that and the release date and some of the content ecosystem partners at our Analyst Day in early January.

Mike Crawford,B. Riley & Co.

Great, thank you very much.

Michael Burdiek

You are welcome.

Operator

Thank you. Our next question comes from Mike Latimore from Northland Capital Markets.

Mike Latimore,Northland Capital Markets

Great, thanks a lot, nice quarter there.

Michael Burdiek

Thank you.

Mike Latimore,Northland Capital Markets

On the fleet management business, on the product side, roughly what kind of growth rate are you seeing in that segment?

Michael Burdiek

It’s a good question. I think obviously strong growth.  A lot of the growth driven by some of our international customer opportunities. That being said, we had about as good a quarter as we’ve ever had domestically with our fleet products business. And so we are quite pleased with the ongoing growth even in what is considered to be more of a mature market here in the US.