Spartan Reports 1Q Loss; Revenue Grows 33%

Spartan Motors Inc., parent to Spartan Chassis Inc., reported a net loss for its first quarter, ended March 31, while revenue rose 33.2%. Sales during the period totaled $128 million versus $96.1 million the year prior. The Charlotte Mich.-based company reported that its Specialty Chassis & Vehicles (SCV) unit reported lower first-quarter revenue and operating income compared […]