U.S. Auto Parts Network (PRTS) Reports Q4 Loss of $0.13, Revenues Beat
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U.S. Auto Parts Reports Fourth Quarter and Full Year 2018 Results
March 7, 2019 4:01 PM ESTCARSON, Calif., March 7, 2019 /PRNewswire/ -- U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), one of the largest online providers of aftermarket automotive parts and accessories, is reporting results for the fourth quarter and full year ended December 29, 2018. All information and data are from continuing operations, which exclude the AutoMD operating segment unless specifically noted.
Fourth Quarter 2018 Highlights vs. Year-Ago Quarter
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... More