Motorcar Parts: Fiscal 1Q Earnings Snapshot
TORRANCE, Calif. (AP) _ Motorcar Parts of America Inc. (MPAA) on Thursday reported a loss of $6.2 million in its fiscal first quarter.
The Torrance, California-based company said it had a loss of 33 cents per share. Earnings, adjusted for one-time gains and costs, were 9 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $109.1 million in the period. Its adjusted revenue was $108.6 million.
Motorcar Parts shares have climbed almost 1% since the beginning of the year. The stock has declined 23% in the last 12 months.