Sparton (SPA) Misses Q2 EPS by 14c
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Sparton Corporation Reports Fiscal 2017 Second Quarter Results
February 7, 2017 4:15 PM ESTSCHAUMBURG, Ill.--(BUSINESS WIRE)-- Sparton Corporation (NYSE: SPA) today announced results for the second quarter of fiscal year 2017 ended January 1, 2017.
Second Quarter Financial Results and Highlights
Joseph J. Hartnett, Interim President & CEO, commented, We are pleased to report that our Q2 performance reflects the continued improvement in revenues and profitability in our MDS segment as well as the continued strengthening of our balance sheet. The MDS segment reported net organic revenue growth along with increased new program wins and stronger margins as compared to the prior quarter and Q2... More
