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Spartan Motors Inc. (NASDAQ:SPAR) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 50% to $0.01 in the quarter versus EPS of $0.02 in the year-earlier quarter. Revenue rose 11.95% to $124.5 million from the year-earlier quarter.
Spartan Motors Inc. reported adjusted EPS income of $0.01 per share. By that measure, the company missed the mean analyst estimate of $0.03. It beat the average revenue estimate of $112.17 million.