U.S. Auto Parts Reports Fourth Quarter and Full Year 2018 Results
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U.S. Auto Parts Network (PRTS) Reports Q4 Loss of $0.13, Revenues Beat
March 7, 2019 4:11 PM ESTU.S. Auto Parts Network (NASDAQ: PRTS) reported Q4 EPS of ($0.13), versus ($0.12) reported last year. Revenue for the quarter came in at $64.6 million versus the consensus estimate of $61.67 million.
Net sales were $64.6 million compared to $68.5 million.Gross margin was 25.6% compared to 30.3%.Net loss was $4.5 million, or $(0.13) per share, compared to $4.1 million or $(0.12) per diluted share.Adjusted EBITDA (a non-GAAP measure defined below) was $0.7 million compared to $2.8 million.Ended the quarter with no revolver... More