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Spartan Motors Q4 sales increased

Christian Fernsby ▼ | March 13, 2020
Spartan Motors yesterday reported operating results for the fourth quarter ending December 31, 2019.
Spartan Motors
Spartan Motors   Sales increased $6.1 million or 3.5% to $180.0 million from $173.9 million
Sales increased $6.1 million or 3.5% to $180.0 million from $173.9 million. Including the discontinued operations, sales were $247.6 million compared to $233.0 million.

Topics: Spartan Motors

Income from continuing operations increased $9.9 million, or 225.0%, to $14.3 million, or $0.40 per share, from $4.4 million, or $0.12 per share.

Adjusted EBITDA increased 151.1%, to $23.6 million, or 13.1% of sales, compared to $9.4 million, or 5.4% of sales. Including the discontinued operations, adjusted EBITDA was $23.0 million compared to $7.2 million.


 

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