Motorcar Parts of America (MPAA) Tops Q2 EPS by 27c, Revenues Beat
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Motorcar Parts of America Reports Fiscal 2020 Second Quarter Results
November 12, 2019 8:00 AM EST-- Strong Profitability and Record Sales for the Quarter --
LOS ANGELES--(BUSINESS WIRE)-- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2020 second quarter ended September 30, 2019 -- reflecting strong profitability and record sales for the quarter.
Net sales for the fiscal 2020 second quarter increased 17.5 percent to $150.4 million from $127.9 million for the same period a year earlier, reflecting sales increases for both hard parts and diagnostic products.
Adjusted net sales for the fiscal 2020 second quarter increased 16.4 percent to $151.4 million... More
