TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Thursday reported a loss of $2 million in its fiscal second quarter.
On a per-share basis, the Torrance, California-based company said it had a loss of 10 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 48 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $196.6 million in the period.
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