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Sparton Corp (SPA.N)

SPA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sparton Corporation reports Fiscal 2018 first quarter results
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Sparton Corp :Sparton Corporation reports Fiscal 2018 first quarter results.Q1 sales $82.8 million.Q1 adjusted earnings per share $0.00.Q1 loss per share $0.29.  Full Article

Sparton, on June 30, co, units that are loan parties entered into amendment no.4
Monday, 3 Jul 2017 

July 3 (Reuters) - Sparton Corp ::Sparton-On June 30, co, units that are loan parties entered into amendment no. 4 to amended, restated credit, guaranty agreement dated as of Sept 11, 2014.Sparton Corp - ‍amendment reduces revolving credit facility amount from $175 million to $125 million - sec filing.Sparton Corp - ‍amendment eliminates existing $50 million optional increase in revolving credit facility​.Sparton Corp - ‍amendment reduces amount of permitted indebtedness of foreign subsidiaries at any time outstanding from $10 million to $5​ million.  Full Article

Sparton Q4 loss per share $4.30
Tuesday, 6 Sep 2016 

Sparton Corp : Sparton Corporation reports fourth quarter and fiscal year 2016 financial results . Q4 loss per share $4.30 . Q4 earnings per share view $0.32 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.50 . Q4 sales $107 million versus i/b/e/s view $102.3 million .Sees q1 2017 revenue $97 million to $101 million.  Full Article

Sparton Corp explores potential sale transaction
Wednesday, 27 Apr 2016 

Sparton Corp:Says as part of its previously announced exploration of strategic alternatives, its Board of Directors has authorized Wells Fargo Securities, LLC to conduct a process to identify parties interested in acquiring entire Company.  Full Article