Spartan Motors (SPAR) Misses Q3 EPS by 7c
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Spartan Motors Announces Dividend
November 5, 2015 7:32 AM ESTCHARLOTTE, Mich., Nov. 5, 2015 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR)("Spartan" or the "Company") today announced that its Board of Directors has declared a cash dividend of $0.05 per share of common stock.  Â
The Charlotte, Michigan-based manufacturer of custom chassis, emergency response and delivery and service vehicles reported its semi-annual dividend will be payable on December 17, 2015 to shareholders of record at the close of business on November 12, 2015.Â
"On behalf of Spartan's Board of Directors, I am pleased to announce the declaration of this semi-annual dividend. The Company has... More
John Slawson Joins Spartan Motors as President of Emergency Response Business Unit
November 5, 2015 7:31 AM ESTCHARLOTTE, Mich., Nov. 5, 2015 /PRNewswire/ --Â Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company") today announced that John Slawson joined Spartan Motors as President of the Spartan Emergency Response business unit, effective today.
Slawson, 49, most recently served as the President and CEO of Horton Emergency Vehicles, a market-leading manufacturer of ambulances in North America and a member company of Allied Specialty Vehicles (ASV). Prior to joining Horton in 2011, Slawson was the President and Equity Partner of U.S. Tanker Fire Apparatus LLC.  Slawson was previously the President of Oshkosh Specialty... More
Spartan Motors Reports Third Quarter 2015 Results
November 5, 2015 7:30 AM ESTCHARLOTTE, Mich., Nov. 5, 2015 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company") today reported operating results for the third quarter of 2015. The Company posted a net loss of $5.8 million, or ($0.17) per share, on revenue of $136.6 million versus net income of $3.2 million, or $0.09 per share, on revenue of $144.2 million in the third quarter of 2014. Results for the third quarter of 2015 include non-cash, pre-tax asset impairment charges of $2.2 million and a non-cash valuation allowance on deferred tax assets of $3.2 million, plus restructuring expenses of $0.5 million in the Emergency Response... More
