Motorcar Parts of America (MPAA) Misses Q4 EPS by 12c, FY Revenue Guidance Misses at Mid-Point

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Go back to Motorcar Parts of America (MPAA) Misses Q4 EPS by 12c, FY Revenue Guidance Misses at Mid-Point

Motorcar Parts of America Reports Fiscal 2018 Fourth Quarter and Year-End Results

June 14, 2018 8:00 AM EDT

LOS ANGELES, June 14, 2018 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported record sales for its fiscal 2018 fourth quarter and year ended March 31, 2018.

Net sales for the fiscal 2018 fourth quarter increased 5.9 percent to a record high $121.1 million from $114.4 million for the same period a year earlier.

All results labeled as adjusted in this press release are non-GAAP measures as discussed more fully below under the heading Use of Non-GAAP Measures. 

Adjusted net sales for the fiscal 2018 fourth quarter increased 7.8 percent to a record high $123.8... More