Motorcar Parts of America (MPAA) Tops Q2 EPS by 32c, Revenues Beat
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Motorcar Parts of America Reports Fiscal 2021 Second Quarter
November 9, 2020 8:00 AM EST-- Record Sales and Profitability with Continuing Positive Cash Flow From Operations --
LOS ANGELES--(BUSINESS WIRE)-- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2021 second quarter ended September 30, 2020 -- reflecting continued favorable sales momentum with increased profitability and positive cash flow from operations.
Net sales for the fiscal 2021 second quarter were $154.7 million compared with $150.4 million for the same period a year earlier. Net sales for the quarter include $12.8 million in core revenue due to a realignment of inventory at two customer... More
