Spartan Motors (SPAR) Misses Q1 EPS by 2c

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Spartan Motors Reports First Quarter 2015 Results

May 5, 2015 7:00 AM EDT

CHARLOTTE, Mich., May 5, 2015 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company") today reported its results for the first quarter of 2015.  The Company posted a net loss of $2.9 million or ($0.09) per share on revenue of $128.4 million versus a net loss of $2.1 million, or ($0.06) per share in the first quarter of 2014.  Results for the first quarter of 2015 include pre-tax restructuring expenses of $1.2 million in Spartan's Emergency Response (ER) segment.   

First Quarter 2015 Overview

For the first quarter of 2015 compared to the first quarter of 2014:

Net... More