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Motorcar Parts: Fiscal 2Q Earnings Snapshot

January 8, 2019

TORRANCE, Calif. (AP) _ Motorcar Parts of America Inc. (MPAA) on Tuesday reported fiscal second-quarter profit of $3.5 million.

The Torrance, California-based company said it had profit of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.

The maker of remanufactured vehicle alternators and starters posted revenue of $127.9 million in the period. Its adjusted revenue was $130.2 million.

Motorcar Parts shares have risen 15 percent since the beginning of the year. The stock has dropped 32 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPAA at https://www.zacks.com/ap/MPAA

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