Motorcar Parts of America (MPAA) Misses Q1 EPS by 8c, Revenues Beat

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Go back to Motorcar Parts of America (MPAA) Misses Q1 EPS by 8c, Revenues Beat

Motorcar Parts of America Reports Fiscal 2021 First Quarter

August 10, 2020 8:00 AM EDT

-- Monthly Sequential Sales Increases Following Extremely Weak April --

LOS ANGELES--(BUSINESS WIRE)-- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2021 first quarter ended June 30, 2020 -- reflecting the impact of industry softness in April with subsequent month-over-month increases in sales for the quarter, and extending into July.

Net sales for the fiscal 2021 first quarter were $95.4 million compared with $109.1 million for the same period a year earlier.

Net loss for the fiscal 2021 first quarter was $3.0... More