Motorcar Parts of America (MPAA) Misses Q2 EPS by 26c
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Motorcar Parts of America Reports Strong Fiscal 2022 Second Quarter
November 9, 2021 8:00 AM ESTRecord net sales for the quarter and six-month period Net sales for the quarter up 13.5 percent; 29.8 percent for six months; and 25.1 percent from the pre-COVID-19 six months Net income for first half $4.5 million versus $12.2 million in the prior year, predominantly impacted by non-cash and non-economic foreign exchange items; and $38,000 for the pre-COVID-19 six-month period Net income before impacting items for first half $21.8 million versus $15.1 million in the prior year (Exhibits attached); and $14.5 million for the pre-COVID-19... More
