Motorcar Parts of America (MPAA) Reports Q4 Revenues Miss
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Motorcar Parts of America Reports Fiscal 2020 Fourth Quarter and Year-End Results
June 15, 2020 8:00 AM EDT-- Sales up 13.3 Percent for Record Year; Positive Annual Cash Flow Reflecting Strong Second Half --
LOS ANGELES--(BUSINESS WIRE)-- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2020 fourth quarter and year ended March 31, 2020 -- reflecting generation of cash flow from operations of $18.8 million for the fiscal year and gross margin improvement.
Net sales for the fiscal 2020 fourth quarter increased 16.8 percent to a record $150.7 million from $129.1 million for the same period a year earlier.
Net loss for the... More
