Motorcar Parts: Fiscal Q3 Earnings Snapshot
By AP News
Published - Feb 09, 2023, 08:24 AM ET
Last Updated - Jun 22, 2023, 10:25 PM EDT
TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Thursday reported fiscal third-quarter net income of $1 million.
The Torrance, California-based company said it had profit of 5 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 21 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $151.8 million in the period.
Motorcar Parts expects full-year revenue in the range of $672 million to $680 million.
