Motorcar Parts of America (MPAA) Misses Q3 EPS by 3c, Revenues Beat

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Motorcar Parts of America Reports Fiscal 2019 Third Quarter Results

February 11, 2019 8:01 AM EST

-- Record Sales for Quarter and Nine Months --

LOS ANGELES, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced results for its fiscal 2019 third quarter ended December 31, 2018 reflecting record sales for both the quarter and nine months on a reported and adjusted basis, and investments to support new business, product line expansion, and continued growth.

Net sales for the fiscal 2019 third quarter increased 20.6 percent to $124.1 million from $102.9 million for the same period a year earlier, predominantly as a result of increases in the companys rotating... More