SP Plus (SP) Misses Q4 EPS by 14c

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SP Plus Corporation Announces Fourth Quarter and Full-Year 2020 Results

February 17, 2021 4:05 PM EST

-- Full-Year 2020 Operating Cash Flow of $40.2 million and Free Cash Flow of $28.7 million --

-- Reinstates Full-Year Guidance; Expects 2021 Gross Profit of $140 - $160 Million and G&A of $75 - $85 Million --

Fourth Quarter Highlights

- Business Activity In Line With Expectations- Certain Compensation Programs Had an Outsized Impact on G&A Costs- Technology Leadership and Scale Continue to Drive New Business- Strong Operating Cash Flow and Free Cash Flow

CHICAGO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- SP Plus Corporation (Nasdaq: SP), a leading provider of... More