Spartan Motors (SPAR) Tops Q2 EPS by 1c

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Spartan Motors Reports Second Quarter 2015 Net Income of $1.2 Million

August 5, 2015 7:00 AM EDT

CHARLOTTE, Mich., Aug. 5, 2015 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company") today reported operating results for the second quarter of 2015.  The Company posted net income of $1.2 million, or $0.03 per share, on revenue of $144.8 million versus net income of $0.2 million, or $0.01 per share, in the second quarter of 2014.  Results for the second quarter of 2015 include pre-tax restructuring expenses of $0.8 million in the Emergency Response (ER) segment and a charge of $1.1 million stemming from an agreement with the National Highway Traffic Safety Administration (NHTSA).

Second Quarter 2015... More