Motorcar Parts of America (MPAA) Tops Q3 EPS by 1c
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Motorcar Parts of America Reports Fiscal 2016 Third Quarter and Nine-Month Results
February 9, 2016 8:01 AM ESTLOS ANGELES, Feb. 09, 2016 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2016 third quarter and nine months reflecting record sales and profitability for a quarter, supported by strong growth across all product categories.
Net sales for the fiscal 2016 third quarter increased 11.9 percent to $94.0 million from $84.0 million for the same period a year earlier. The companys sales performance for the fiscal 2016 third quarter reflects continued strength of its rotating electrical and wheel hub business, as well as increased contributions from the companys... More
