Span-America (SPAN) Reports Q3 EPS of $0.43

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Span-America Reports Improved Fourth Quarter and Fiscal Year 2015 Results

November 9, 2015 4:30 PM EST

Fourth Quarter Sales Up 36% to $17.7 Million

Net Income Jumps 96% to $1.3 Million, or $0.43 Per Diluted Share

GREENVILLE, S.C.--(BUSINESS WIRE)-- Span-America Medical Systems, Inc. (NASDAQ: SPAN) today reported growth in sales and net income for the fourth quarter and fiscal year ended October 3, 2015. Net income for the fourth quarter of fiscal 2015 rose 96% to $1.3 million, or $0.43 per diluted share, compared with $656,000, or $0.22 per diluted share, in the fourth quarter of fiscal 2014. Net sales for the fourth quarter of fiscal 2015 were up 36% to $17.7 million compared... More