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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:06 EDTSPARSpartan Motors sees top line growth in 2013 after 'transformational' Q1
The company said, "The first quarter of 2013 will still be a transformational quarter as we complete the move of Utilimaster to Bristol. As we look at all of 2013, we see top line growth supported by disciplined execution and operational improvement. In summary, we look for structured growth while positioning Spartan for an even better future."
News For SPAR From The Last 14 Days
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February 10, 2016
07:06 EDTSPARSpartan Motors raises Q4 revenue to $140M from $130M-$135M, consensus $126.6M
Cuts Q4 operating loss to ($10M) from ($3M). Expected results for the fourth quarter of 2015 include incremental, non-recurring, pre-tax charges of $6.3M for certain warranty accruals and an additional $500K pertaining to the wind down of its joint venture with Gimaex. Spartan is increasing warranty accruals for service campaigns on certain legacy product designs, as well as general warranty reserves based on a comprehensive review of claims history.

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