Span-America (SPAN) Reports Q1 EPS of $0.28

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Span-America Reports Second Quarter 2016 Results

May 5, 2016 4:15 PM EDT

Earnings Per Share Up 8% to $0.28 Per Diluted Share

GREENVILLE, S.C.--(BUSINESS WIRE)-- Span-America Medical Systems, Inc. (NASDAQ: SPAN) today reported its results for the second fiscal quarter ended April 2, 2016. Net income per diluted share rose 8% to $0.28 in the second quarter of fiscal 2016 compared with $0.26 in the second quarter of fiscal 2015. Net income for the second quarter of fiscal 2016 was down 2% to $758,000 compared with $773,000 in the second quarter of fiscal 2015 due primarily to foreign currency translation losses compared with the prior years second quarter. Net sales for the... More