Span-America (SPAN) Reports Q1 EPS of $0.26

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Span-America Reports Second Quarter 2015 Results

April 30, 2015 4:10 PM EDT

GREENVILLE, S.C.--(BUSINESS WIRE)-- Span-America Medical Systems, Inc. (NASDAQ: SPAN) today reported results for the second fiscal quarter ended March 28, 2015. Net sales for the second quarter of fiscal 2015 were up 2% to $15.0 million compared with $14.7 million in the second quarter of fiscal 2014. Net income for the second quarter of fiscal 2015 decreased by 13% to $773,000, or $0.26 per diluted share, compared with $891,000, or $0.30 per diluted share, in the second quarter of fiscal 2014.

We are pleased with the excellent performance from M.C. Healthcares sales in the U.S. and Canada, stated Jim Ferguson, president and chief... More