SP Plus (SP) Tops Q1 EPS by 11c, Revenues Beat; Withdraws FY20 Guidance

Go back to SP Plus (SP) Tops Q1 EPS by 11c, Revenues Beat; Withdraws FY20 Guidance

SP Plus Corporation Announces First Quarter 2020 Results

May 7, 2020 4:06 PM EDT

--Positive Year-on-Year Comparisons Across Key Metrics in January and February Offset by Impact of COVID-19 in March----Update on COVID-19 impact----Expanded Credit Facility Provides Additional Liquidity--

CHICAGO, May 07, 2020 (GLOBE NEWSWIRE) -- SP Plus Corporation (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, today announced its first quarter 2020 results.

First Quarter Commentary

Marc Baumann, Chief Executive Officer, stated, Our performance in January and February showed positive... More