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Sparton: Fiscal 4Q Earnings Snapshot

September 13, 2018

SCHAUMBURG, Ill. (AP) _ Sparton Corp. (SPA) on Thursday reported a fiscal fourth-quarter loss of $278,000, after reporting a profit in the same period a year earlier.

The Schaumburg, Illinois-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 32 cents per share.

The electronics manufacturer posted revenue of $100.5 million in the period.

For the year, the company reported a loss of $8.3 million, or 84 cents per share, swinging to a loss in the period. Revenue was reported as $375 million.

Sparton shares have declined 41 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.52, a decline of 42 percent 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 SPA at https://www.zacks.com/ap/SPA

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