Sparton: Fiscal 1Q Earnings Snapshot

Associated Press |

SCHAUMBURG, Ill. (AP) _ Sparton Corp. (SPA) on Thursday reported fiscal first-quarter net income of $212,000, after reporting a loss in the same period a year earlier.

The Schaumburg, Illinois-based company said it had net income of 2 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, came to 20 cents per share.

The electronics manufacturer posted revenue of $89.5 million in the period.

Sparton shares have declined 44 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.81, a fall of 45 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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

What Is Petrolithium?

MGX Minerals explains the advantages of petrolithium and how they are helping to solve future problems today.

Emerging Growth

Global Cannabis

Global Cannabis Applications Corp is engaged in the design, acquire data and develop applications for smartphones and tablets. The company offer Citizen Green platform, an end to end infrastructure to…