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Motorcar Parts: Fiscal 1Q Earnings Snapshot

August 8, 2019

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.


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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