Span-America (SPAN) Reports Q4 EPS of $0.42

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Span-America Reports Improved First Quarter 2016 Results

February 4, 2016 4:10 PM EST

Sales Up 36% to $21.5 Million

Earnings Per Share Up 28% to $0.42 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 first quarter ended January 2, 2016. Net income for the first quarter of fiscal 2016 rose 18% to $1.1 million compared with $970,000 in the first quarter of fiscal 2015. Earnings per diluted share rose 28% to $0.42 in the first quarter of fiscal 2016 compared with $0.32 in the first quarter of fiscal 2015. Net sales for the first quarter of fiscal 2016... More