Spartan Motors Inc. Profits Grow 158.9% For 4Q

Spartan Motors Inc. reported a 24.1% increase in sales for its fourth quarter, ended Dec. 31, while net income soared 158.9% during the three-month period. For the full year, revenue improved 19.7%, including a 27.1% increase in motorhome chassis sales. Fourth-quarter revenue totaled $181.1 million compared with $145.9 million in the prior year period. Fourth-quarter net income rose to $2.4 […]