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Stock Market & Financial Investment News

News Breaks
April 9, 2014
08:37 EDTSPARSpartan ERV secures five-year contract with Riverside County, CA
Spartan ERV, a business unit of Spartan Motors, announced prior to the Fire Department Instructors Conference in Indianapolis that the Riverside County Fire Department has awarded Spartan ERV, and its authorized dealer Emergency Vehicle Group, an order for 14 custom fire apparatus. The 14 units mark the first in a recently signed five-year contract between Spartan ERV, EVG and Riverside County, California.
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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