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Spartan Motors: 2Q Earnings Snapshot

August 1, 2019

CHARLOTTE, Mich. (AP) _ Spartan Motors Inc. (SPAR) on Thursday reported second-quarter earnings of $3.5 million.

The Charlotte, Michigan-based company said it had profit of 10 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to 15 cents per share.

The maker of chassis for fire trucks, RVs and other vehicles posted revenue of $247.9 million in the period.

Spartan Motors expects full-year earnings in the range of 70 cents to 77 cents per share, with revenue in the range of $960 million to $990 million.

Spartan Motors shares have risen 66% since the beginning of the year. The stock has declined 19% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPAR at https://www.zacks.com/ap/SPAR

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