U.S. Auto Parts Reports Fourth Quarter and Full Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
U.S. Auto Parts Network (PRTS) Misses Q4 EPS by 64c, Revenues Miss
March 9, 2020 4:19 PM EDTU.S. Auto Parts Network (NASDAQ: PRTS) reported Q4 EPS of ($0.70), $0.64 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $63 million versus the consensus estimate of $64.53 million.
Fourth Quarter 2019 Summary vs. Year-Ago Quarter
Private label sales increased 15% Y/Y.Gross profit increased 28% to $21.2 million, with gross margin up 800 basis points to 33.7%.Net sales declined as expected to $63.0 million compared to $64.7 million due to reduction of unprofitable business lines.Net loss was $(25.1) million or $(0.70) per share, compared to a net... More