Sparton climbs AH on FQ4 beat

|About: Sparton Corporation (SPA)|By:, SA News Editor

Shares of Sparton (SPA) are up 13.6% AH following the company's FQ4 beat.

Sparton ended the quarter with a sales backlog of $199.8M, including $31.9M from newly-acquired Onyx EMS, representing a 35% Y/Y increase. (PR)

Medical Devices revenue grew $3.4M from FQ4 2012, Complex Systems $0.8M (7%), and Defense & Security Systems $8.3M (40%).

The acquisition of the Onyx medical business resulted in revenue of $13.1M, EBITDA of $1.7M, and operating income of $0.6M.

Conference call scheduled for 11 am ET tomorrow