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Spartan Motors Inc (SPAR.OQ)

SPAR.OQ on NASDAQ Stock Exchange Global Select Market

8.16USD
18 Jan 2019
Change (% chg)

$-0.17 (-2.04%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Spartan Motors Acquires Strobes-R-Us
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Spartan Motors Inc ::SPARTAN MOTORS ACQUIRES STROBES-R-US.SPARTAN MOTORS INC - SPARTAN ACQUIRED STROBES-R-US' STATE-OF--ART UPFIT FACILITY AND PRODUCT SHOWROOM IN POMPANO BEACH, FLORIDA..SPARTAN MOTORS INC - ACQUISITION IS EXPECTED TO BE ACCRETIVE TO 2019 EARNINGS.  Full Article

Spartan Motors Says Board Reappointed Frederick Sohm As Co's CFO, Effective Jan 1, 2019
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Spartan Motors Inc ::SPARTAN MOTORS INC - ON DEC 11, BOARD REAPPOINTED FREDERICK J. SOHM AS THE COMPANY’S CFO, EFFECTIVE JANUARY 1, 2019.  Full Article

Spartan Motors Reports Third Quarter 2018 Results
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Spartan Motors Inc ::SPARTAN MOTORS REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.17 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.15.Q3 SALES $226.2 MILLION VERSUS I/B/E/S VIEW $227.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $0.42 TO $0.48.SPARTAN MOTORS - QTRLY RESULTS NEGATIVELY IMPACTED BY INDUSTRY-WIDE HEADWINDS, INCLUDING TARIFF-DRIVEN INCREASES IN COSTS.SEES FY 2018 REVENUE $790 MILLION TO $815 MILLION.SEES FY 2018 EARNINGS PER SHARE $0.41 TO $0.47.SAYS FY REVENUE TO BE IN RANGE OF $790.0 - $815.0 MILLION, UNCHANGED.SPARTAN MOTORS - QTRLY RESULTS WERE HINDERED BY MULTIPLE EXTERNAL FACTORS, WHICH RESULTED IN PRODUCTION AND LABOR INEFFICIENCIES AND SHIPMENT DELAYS.SPARTAN MOTORS - CONSOLIDATED BACKLOG, EXCLUDING MULTI-YEAR USPS TRUCK BODY ORDER AT SEPT 30, TOTALED $325.9 MILLION VERSUS $323.4 MILLION AT SEPT 30, 2017.SPARTAN MOTORS - INCLUDING USPS ORDER, CONSOLIDATED BACKLOG, TOTALED $484.9 MILLION VERSUS $537.7 MILLION A YEAR AGO.  Full Article

Spartan Motors says ON AUG 8, co entered into credit agreement
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Spartan Motors Inc ::SPARTAN MOTORS-ON AUG 8,ENTERED INTO CREDIT AGREEMENT,CO MAY BORROW UP TO $150 MILLION FROM LENDERS UNDER FIVE-YEAR SECURED REVOLVING CREDIT FACILITY.SPARTAN MOTORS INC - CO MAY ALSO REQUEST AN INCREASE IN THE FACILITY OF UP TO $75 MILLION IN THE AGGREGATE - SEC FILING.SPARTAN MOTORS INC - CREDIT FACILITY IS ALSO AVAILABLE FOR ISSUANCE OF LETTERS OF CREDIT OF UP TO $20 MILLION AND SWING LINE LOANS OF UP TO $15 MILLION.SPARTAN MOTORS INC - CREDIT FACILITY MATURES AUGUST 8, 2023.  Full Article

Spartan motors reports Q3 earnings per share $0.38
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Spartan Motors Inc :Spartan Motors reports third quarter net income of $13.5 million; increases 391%, on 27% sales growth.Q3 adjusted earnings per share $0.21 excluding items.Q3 earnings per share $0.38.Q3 sales $189.2 million versus I/B/E/S view $185.3 million.Q3 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Spartan Motors Inc - ‍backlog was up 97.6% to $537.7 million at September 30, 2017​.Spartan Motors Inc sees FY 2017 ‍revenue of $690.0 - $710.0 million​.Spartan Motors Inc - sees ‍FY 2017 adjusted earnings per share of $0.40 to $0.42​.  Full Article

Spartan Motors wins $214 mln contract from United States Postal Service
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Spartan Motors Inc ::Spartan Motors awarded $214 million contract from United States Postal Service.Spartan Motors Inc - ‍has been awarded a $214 million contract from United States Postal Service for more than 2,000 cargo body fleet vehicles​.Spartan Motors- ‍USPS order will be built & delivered over span of 2 yrs, with option for additional quantities delivered over third contract year.Spartan Motors Inc - ‍USPS order production will begin in Q2 of 2018​.  Full Article