Motorcar Parts: Fiscal 3Q Earnings Snapshot
TORRANCE, Calif. (AP) _ Motorcar Parts of America Inc. (MPAA) on Monday reported a loss of $3.1 million in its fiscal third quarter.
On a per-share basis, the Torrance, California-based company said it had a loss of 16 cents. Earnings, adjusted for one-time gains and costs, came to 35 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $124.1 million in the period. Its adjusted revenue was $119.6 million.
Motorcar Parts shares have climbed 20 percent since the beginning of the year. The stock has dropped 9 percent in the last 12 months.