Spartan Motors Delivers Strong Second Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/12/2026
- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
- After-Hours Movers: COO, AEO, NAVN, AVAV, TORO
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
Spartan Motors (SPAR) Tops Q2 EPS by 1c, Revenues Beat; Raises FY19 EPS/Revenue Guidance Range Above Consensus
August 1, 2019 7:41 AM EDTSpartan Motors (NASDAQ: SPAR) reported Q2 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $247.9 million versus the consensus estimate of $228.97 million.
Second Quarter 2019 HighlightsFor the second quarter of 2019 compared to the second quarter of 2018:
Sales increased $64.0 million, or 34.8%, to $247.9 million, from $184.0 million.Net income was $3.5 million, or $0.10 per share, compared to $3.7 million, or $0.11 per share.Adjusted net income improved $0.8 million, or 18.9%, to $5.1 million, or $0.15 per share, from $4.3 million, or $0.12 per share.Adjusted EBITDA increased 6.8% to $9.5 million, or 3.8% of sales, from $8.9 million, or 4.8%... More