Sparton: Fiscal 2Q Earnings Snapshot
SCHAUMBURG, Ill. (AP) _ Sparton Corp. (SPA) on Wednesday reported fiscal second-quarter net income of $1.9 million, after reporting a loss in the same period a year earlier.
The Schaumburg, Illinois-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 51 cents per share.
The electronics manufacturer posted revenue of $105.2 million in the period.
Sparton shares have increased 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.40, a drop of 17 percent in the last 12 months.