Fenix Parts (FENX) Reports Q4 Operating Loss of $9.1M

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Go back to Fenix Parts (FENX) Reports Q4 Operating Loss of $9.1M

Fenix Parts Announces Fourth Quarter and Full Year 2015 Results

April 14, 2016 4:50 PM EDT

Fourth Quarter 2015 Highlights

Revenues were $30.2 million, including revenue from post-IPO acquisitions, compared to fourth quarter 2014 pro forma revenues of $31.1 million Strong growth in parts sold to retail and repair shop customersContinued negative impact of foreign exchange and commodity prices Significant non-cash amortization and other charges related to purchase accounting for 2015 business combinations and an accrual to increase potential contingent considerationSuccessful acquisitions in October 2015 and ongoing integration of Butler Auto Sales and Tri-City Auto Salvage

WESTCHESTER, Ill., April 14, 2016 (GLOBE NEWSWIRE) -- Fenix Parts, Inc.... More