Edition:
United Kingdom

Spartan Motors Inc (SPAR.OQ)

SPAR.OQ on NASDAQ Stock Exchange Global Select Market

11.40USD
23 Oct 2018
Change (% chg)

$-0.24 (-2.06%)
Prev Close
$11.64
Open
$11.44
Day's High
$11.48
Day's Low
$11.24
Volume
69,546
Avg. Vol
52,560
52-wk High
$19.45
52-wk Low
$11.03

Latest Key Developments (Source: Significant Developments)

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