Spartan Motors (SPAR) Tops Q4 EPS by 2c

Spartan Motors (NASDAQ: SPAR) reported Q4 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $145.9 million versus the consensus estimate of $138.4 million.

• Sales increased 3.7% to $145.9 million from $140.6 million
• Gross profit margin improved 850 basis points to 12.3% of sales from 3.8% of sales
• Operating income rose $11.0 million, or 109.6%, to $1.0 million from an operating loss of $10.0 million
• Adjusted operating income increased 182.6% to $1.9 million, or 1.3% of sales, from a loss of $2.3 million
• Net income improved $10.4 million, or 110.0%, to $0.9 million, or $0.03 per share, from a net loss of $9.5 million, or $0.28 per share
• Adjusted net income improved 158.9% to $1.5 million, or $0.04 per share from $0.6 million, or $0.02 per share
• For earnings history and earnings-related data on Spartan Motors (SPAR) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Movano (MOVE) Misses Q2 EPS by 195c
• Hydrofarm Holdings Group, Inc. (HYFM) Misses Q2 EPS by 134c