Spartan Motors (SPAR) Tops Q4 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. ON
6. CRWD
7. HNGE
8. INSP
9. SPY
10. MRVL

Go back to Spartan Motors (SPAR) Tops Q4 EPS by 2c

Spartan Motors Delivers Strong Fourth Quarter and Full Year 2016 Results

February 23, 2017 7:30 AM EST

CHARLOTTE, Mich., Feb. 23, 2017 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company"), a global leader in specialty chassis and vehicle design, manufacturing and assembly, today reported operating results for the fourth quarter and full year periods ending December 31, 2016.   

Full Year 2016 Highlights

For the full year 2016 compared to the full year 2015:

Sales increased $40.4 million, or 7.3%, to $590.8 million from $550.4 million Gross profit margin improved 370 basis points to 12.3% of sales from 8.6% of sales Operating income rose $21.1 million, or 169.1%, to $8.6 million from an operating... More