Motorcar Parts of America (MPAA) Misses Q4 EPS by 3c
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Motorcar Parts of America Reports Fiscal 2016 Fourth Quarter and Year-End Results
June 14, 2016 8:02 AM EDTLOS ANGELES, June 14, 2016 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2016 fourth quarter and year ended March 31, 2016 reflecting record sales for a fourth quarter and year, supported by strong growth across all product categories.
Net sales for the fiscal 2016 fourth quarter increased to $97.4 million from $83.9 million for the same period a year earlier. The companys sales performance for the fiscal 2016 fourth quarter reflects continued strength of its rotating electrical and wheel hub business, as well as increased contributions from the companys emerging master... More
