MPAA earnings
Motorcar Parts of America Inc. (MPAA) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Motorcar Parts of America Reports Fiscal 2026 Year-End Results– Solid Fourth Quarter, Favorable Outlook; Strong Brake-Related Product Sales Momentum within Changing Competitive Landscape – Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported financial results for its fiscal 2026 fourth quarter and year ended March 31 – reflecting solid sales, gross profit and net income for both periods. Fourth Quarter Highlights: Net sales increased 9.9 percent to $212.3 million. Gross profit increased 30.9 percent to $50.4 million. Gross margin increased to 23.7 percent from 19.9 percent. Operating income increased 29.4 percent to $21.1 million. Net income was $9.7 million compared with net loss of $722,000 in the prior year. Repurchase
- Motorcar Parts of America to Report Fiscal 2026 Fourth Quarter and Year-End Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2026 fourth quarter and year-end results on Monday, June 8, 2026. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live b
- Motorcar Parts of America Reports Fiscal Third Quarter Results- Sales Impacted by Reduced Ordering Activity by a Large Customer, Now Rebounding; Net Sales Up with Cash Generation for Nine-Month Period - Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2026 third quarter -- reflecting a large customer ordering reduction in the quarter, primarily due to its closure of stores and consolidation of distribution centers, with sales to this customer now increasing in the current fiscal fourth quarter. Positive Drivers and Initiatives Include: Significant new business commitments from changing competitive landscape and industry dynamics -- including bankruptcy of a competitor, growth in demand for replacement parts wi
- Motorcar Parts of America to Report Fiscal 2026 Third Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2026 third quarter results on Monday, February 9, 2026. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast,
- Motorcar Parts of America Reports Strong Fiscal Second Quarter Results- Record Gross Profits with Continued Strong Cash Flow, Debt Reduction and Liquidity - Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2026 second quarter -- reflecting record sales and record gross profit for a fiscal second quarter with strong cash flow generation. Key highlights for the quarter: Net sales increased 6.4 percent to $221.5 million. Gross profit increased 3.5 percent to a second quarter record of $42.7 million. Generated $21.9 million of cash from operating activities and reduced net bank debt by $17.7 million to $56.7 million. Repurchased 90,114 shares for $1.4 million at an average price of $15.41. Fiscal 2026 Second Quarter
- Motorcar Parts of America to Report Fiscal 2026 Second Quarter Results; Host Conference CallMotorcar Parts of America, Inc.(NASDAQ:MPAA) today announced the company will issue its fiscal 2026 second quarter results on Monday, November 10, 2025. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast,
- Motorcar Parts of America Reports Fiscal First Quarter Results- Record Sales and Gross Profit with Solid Cash Flow Generation - Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2026 first quarter -- reflecting record sales and gross profit for a fiscal first quarter with solid cash flow generation. Key highlights for the quarter: Net sales increased 10.9 percent to a first quarter record of $188.4 million. Gross profit increased 16.3 percent to a first quarter record of $33.9 million. Operating income increased to $20.1 million from an operating loss of $6.5 million in the prior year. Generated $10.0 million of cash from operating activities and reduced net bank debt by $7.0 million to $74.4 million.
- Motorcar Parts of America to Report Fiscal 2026 First Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2026 first quarter results on Monday, August 11, 2025. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast, t
- Motorcar Parts of America Reports Fiscal Year Results- Record Sales and Gross Profit with Strong Cash Flow Generation - Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported strong results for its fiscal 2025 fourth quarter, with record net sales and gross profit, and strong cash flow generation for the year ended March 31, 2025. Key highlights for the fiscal year Net sales increased 5.5 percent to a record $757.4 million. Gross profit increased 16.1 percent to a record $153.8 million. Generated cash from operating activities of $45.5 million and reduced net bank debt by $32.6 million to $81.4 million. Repurchased 542,134 shares for $4.8 million. Fiscal 2025 Fourth Quarter Results Net sales for the fiscal 2025 four
- Motorcar Parts of America to Report Fiscal 2025 Fourth Quarter and Year-End Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2025 fourth quarter and year-end results on Monday, June 9, 2025. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live b
- Motorcar Parts of America Reports Record Fiscal Third Quarter Results- Record Sales and Gross Profit with Strong Cash Flow Generation - Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2025 third quarter and nine-month period ended December 31, 2024, with a continued favorable full-year outlook supported by record third quarter sales and gross profit, and the ongoing benefits of strategic initiatives to further enhance profitability. Key highlights for the fiscal third quarter. Net sales increased 8.3 percent to a fiscal third quarter record $186.2 million. Gross profit increased 49.4 percent to a record $44.9 million. Net income for the quarter was $2.3 million. Generated cash from operating activities of $
- Motorcar Parts of America to Report Fiscal 2025 Third Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2025 third quarter results on Monday, February 10, 2025. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast,
- Motorcar Parts of America Reports Fiscal Second Quarter Results- Record Sales and Gross Profit with Strong Cash Flow Generation - Full-Year Outlook Remains on Track Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2025 second quarter and six-month period ended September 30, 2024, with a continued favorable full-year outlook supported by record sales and gross profit, and the ongoing benefits of strategic initiatives to further enhance profitability. Key highlights for the fiscal second quarter. Net sales increased 5.9 percent to a record $208.2 million. Gross profit increased to a record $41.3 million, impacted by certain one-time expenses of $2.7 million for onboarding new business, and $1.3 million of tr
- Motorcar Parts of America to Report Fiscal 2025 Second Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2025 second quarter results on Tuesday, November 12, 2024. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast,
- Motorcar Parts of America Reports Fiscal First Quarter Results- Record Sales for a First Quarter; Full-Year Outlook Remains on Track Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2025 first quarter ended June 30, 2024, with a continued favorable full-year outlook supported by a strong competitive industry position and ongoing strategic initiatives to enhance profitability. Key highlights for the fiscal first quarter. Net sales increased 6.4 percent to $169.9 million. Gross profit increased 9.8 percent to $29.2 million. Gross margin increased modestly to 17.2 percent. Operating results impacted by an unfavorable non-cash $11.1 million foreign exchange loss from lease liabilities and forward contract
- Motorcar Parts of America to Report Fiscal 2025 First Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2025 first quarter results on Thursday, August 8, 2024. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast,
- Motorcar Parts of America Reports Year-End Results- Record Sales for the Fiscal Year; Operating Income Up Sharply; Solid Outlook with Strong Cash Flow Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2024 fourth quarter and year ended March 31, 2024 – reflecting year-over-year increases in sales, operating income and cash flow from operating activities, despite industry softness in the fourth quarter. Key highlights for the fiscal year. Net sales increased 5.1 percent to $717.7 million. Gross profit increased 16.3 percent to $132.6 million. Gross margin increased 1.8 percentage points to 18.5 percent. Operating income increased 26.5 percent to $46.1 million. The company generated cash f
- Motorcar Parts of America to Report Fiscal 2024 Fourth Quarter and Year-End Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2024 fourth quarter and year-end results on Tuesday, June 11, 2024. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live
- Motorcar Parts of America to Ring Nasdaq Closing BellMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced Selwyn Joffe, the company's chairman, president and chief executive officer, and senior members of its leadership team will preside over the Nasdaq Closing Bell ceremony at 4:00 p.m. Eastern time on Wednesday, May 22, 2024. The ceremony will be held in the broadcast studio of the Nasdaq MarketSite located at 4 Times Square, 43rd Street and Broadway, in New York City. The ceremony can be viewed via the link below beginning at approximately 3:45 p.m. Eastern time: https://www.nasdaq.com/marketsite/bell-ringing-ceremony "The closing bell ceremony is an opportunity to showcase our company's 30-year history on Nasdaq and its leade
- Motorcar Parts of America Reports Results for Fiscal Third Quarter and Nine Months– Record Sales for Nine Months; Operating Income Up Sharply; Strong Cash Flow – Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2024 third quarter and nine-months ended December 31, 2023 -- reflecting a strong increase in net sales, operating income and cash flow from operating activities. Key highlights for the fiscal third quarter. Net sales increased 13.2 percent to $171.9 million. Gross margin improved by 3.7 percentage points. Gross profit increased 43.1 percent to $30.0 million. Operating income increased 170.1 percent to $9.5 million. The company generated cash of approximately $53.6 million. Net sales for the fiscal 2024 thir
- Motorcar Parts of America to Report Fiscal 2024 Third Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2024 third quarter on Friday, February 9, 2024. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadca
- Motorcar Parts of America Reports Record Results for Fiscal Second Quarter and Six Months– Record Gross Profit and Strong Cash Flow Generation – Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported record sales for its fiscal 2024 second quarter and six-month period ended September 30, 2023, with record gross profit and strong cash flow from operating activities. Net sales for the fiscal 2024 second quarter increased 14.0 percent to a record $196.6 million from $172.5 million in the prior year. Net loss for the fiscal 2024 second quarter improved to $2.0 million, or $0.10 per share, from a net loss of $6.5 million, or $0.34 per share, a year ago. The company noted that the net loss for the fiscal 2024 second quarter was impacted by $8.7 million, or $0.44 per share
- Motorcar Parts of America to Report Fiscal 2024 Second Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2024 second quarter results on Thursday, November 9, 2023. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio webcast at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast, the call will be archived on Motorcar Parts
- Motorcar Parts of America Reports Fiscal First Quarter Results– Full-Year Outlook Remains On Track, With Strong Positive Cash Flow – Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2024 first quarter ended June 30, 2023, and reiterated the company's full-year outlook. Fiscal 2024 First Quarter Results Net sales for the fiscal 2024 first quarter were $159.7 million compared with $164.0 million in the prior year – primarily reflecting timing of orders. The company noted that the fiscal second quarter is off to an excellent start based on record sales for a July month. Net loss for the fiscal 2024 first quarter was $1.4 million, or $0.07 per share, compared with a net loss of $175,000, or $0.01 per share, a yea
- Motorcar Parts of America to Report Fiscal 2024 First Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2024 first quarter results on Wednesday, August 9, 2023. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio webcast at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast, the call will be archived on Motorcar Parts of
- Motorcar Parts of America Reports Record Sales for Fiscal 2023 Fourth Quarter and Year– Provides Fiscal 2024 Guidance; Margin Improvement and Free Cash Generation Expected to Gain Momentum as Fiscal Year Evolves – Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2023 fourth quarter and year ended March 31, 2023, reflecting record sales and solid demand across multiple categories -- including the company's rotating electrical and emerging brake-related products. Fiscal 2023 Fourth Quarter Results Net sales for the fiscal 2023 fourth quarter increased 18.8 percent to a record $194.7 million from $163.9 million in the prior year. Fiscal fourth quarter results benefited from increasing product demand for the spring and summer seasons an
- Motorcar Parts of America to Report Fiscal 2023 Fourth Quarter and Year-end Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue its fiscal 2023 fourth quarter and year-end results on Tuesday, June 13, 2023. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio webcast at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast, the call will be archived on Motorc
- Motorcar Parts of America Recognized for Outstanding Service by Parts Warehouse and Associate Stores; Receives Recognition as one of the Most Trustworthy Companies in Recently Published National Survey--Sets Date for Fiscal 2023 Year-End Results-- Motorcar Parts of America Inc. (NASDAQ:MPAA) today announced it has received the 2022 award for Outstanding Corporate Logistics Support from Parts Warehouse, a member of The Aftermarket Auto Parts Alliance, Inc., and Associate Stores at the organization's 2023 Sales Conference & Vendor Expo recently held in Birmingham, Alabama. Separately, the company highlighted the recognition it received as one of the Most Trustworthy Companies in America based on a PwC consulting firm survey and evaluations submitted by U.S. customers, employees, and investors from a pool of 3,100 U.S. companies – resulting in the publication by Newsweek of the top-rank
- Motorcar Parts of America Reports Fiscal Third Quarter Results– Revises Fiscal 2023 Guidance Despite Strong Fiscal Fourth Quarter Outlook – Forward Considerations Annualized price increases of $20 million commencing in current fourth quarter enhances cash flow and gross margin improvement Approximately $52 million annualized net sales have resumed in the fourth quarter as delayed business and customer order patterns normalize Solid new business wins in hard parts and EV emulation shipping in fiscal 2024 Brake pad and rotor product line net sales expected to double in fiscal 2024 Cost-saving initiatives and sales ramp up to enhance gross margins Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2023 third
- Motorcar Parts of America to Report Fiscal 2023 Third Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2023 third quarter on Thursday, February 9, 2023. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadca
- Motorcar Parts of America Reports Second Quarter Results- Reaffirms Fiscal 2023 Guidance - Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2023 second quarter ended September 30, 2022 – reflecting solid demand for aftermarket hard parts, offset by customers delaying orders and supply chain disruptions for critical components. Fiscal 2023 Second Quarter Results Net sales for the fiscal 2023 second quarter were $172.5 million -- representing a 6.6 percent increase compared with $161.8 million in the prior year, which excludes $13.7 million of core revenue due to a realignment of inventory at customer distribution centers with sales benefits evolving as product mix changes. Fiscal second quarter results were
- Motorcar Parts of America to Report Fiscal 2023 Second Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2023 second quarter on Wednesday, November 9, 2022. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broad
- Motorcar Parts of America Reports Record First Quarter SalesMotorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2023 first quarter ended June 30, 2022 – reflecting strong demand after a modest start, with momentum building in May and June. Fiscal 2023 First Quarter Highlights Net sales reached a fiscal first quarter record of $164.0 million, an increase of $15.0 million, or 10.0 percent year over year. Gross profit was $30.3 million, an increase of $6.7 million, or 28.6 percent year over year. Operating expenses were impacted by non-cash foreign currency exchange fluctuations of approximately $820,000 compared with the prior year. Results were impacted by $3.0 million of increased interest expenses, primarily
- Motorcar Parts of America to Report Fiscal 2023 First Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2023 first quarter on Tuesday, August 9, 2022. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast via the company's investor relations tab at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast,
- Motorcar Parts of America Reports 20.3 Percent Sales Increase for Fiscal 2022— Company Resumes Annual Guidance with Top-Range Sales Target Reaching $700 Million, a year-over-year increase of approximately $50 million — Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fourth quarter and 2022 fiscal year ended March 31, 2022 – reflecting record annual sales with strong demand for non-discretionary aftermarket parts and the completion of a multi-year build-out program for the company's brake-related manufacturing operations. Fiscal 2022 Highlights Net sales reached a record $650.3 million, an increase of $109.5 million, or 20.3 percent year-over-year. Gross profit was $117.9 million, an increase of $8.4 million, or 7.7 percent year-ove
- Motorcar Parts of America to Report Fiscal 2022 Fourth Quarter and Year-end Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2022 fourth quarter and year end on Tuesday, June 14, 2022. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast, the call will be archived o
- Motorcar Parts of America Reports Fiscal 2022 Third Quarter ResultsRecord net sales up 32 percent for the quarter and 31 percent for nine months Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2022 third quarter ended December 31, 2021. Fiscal Third Quarter Highlights Record net sales of $161.8 million versus $122.6 million a year earlier, reflecting strong organic growth and favorable industry dynamics. Net income of $3.1 million, or $0.16 per diluted share, compared with $8.5 million, or $0.44 per diluted share a year ago. Net income for the fiscal third quarter of 2022 was impacted by $4.8 million of non-cash items, or $0.25 per diluted share, and $3.7 million, or $0.19 per diluted share, due to transitory cost
- Motorcar Parts of America to Report Fiscal 2022 Third Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2022 third quarter on Wednesday, February 9, 2022. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast at www.motorcarparts.com or live by calling (888) 440-5584 (domestic) or (646) 960-0457 (international). For those who are not available to listen to the live broadcast, the call will be archived on Motorca
- Motorcar Parts of America Reports Strong Fiscal 2022 Second QuarterRecord 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 six-month period Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2022 second quarter ended September 30, 202
- Motorcar Parts of America to Report Fiscal 2022 Second Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2022 second quarter on Tuesday, November 9, 2021. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast at www.motorcarparts.com or live by calling (833) 968-1924 (domestic) or (825) 312-2355 (international). For those who are not available to listen to the live broadcast, the call will be archived on Motorcar
- Motorcar Parts of America Reports Strong Fiscal 2022 First Quarter-- Record First Quarter Sales to Start New Fiscal Year as Solid Demand For Aftermarket Parts Continues -- Motorcar Parts of America, Inc. (NASDAQ:MPAA) today reported results for its fiscal 2022 first quarter ended June 30, 2021 – reflecting record sales for a fiscal first quarter. Net sales for the fiscal 2022 first quarter increased 56.3 percent to $149.0 million from $95.4 million a year ago, and 36.5 percent from the pre-COVID fiscal first quarter two years ago. Net income for the fiscal 2022 first quarter was $861,000, or $0.04 per diluted share, compared with a net loss of $3.0 million, or $0.16 per share, a year ago. Details of items impacting net income are shown in Exhibit 1.
- Motorcar Parts of America to Report Fiscal 2022 First Quarter Results; Host Conference CallMotorcar Parts of America, Inc. (NASDAQ:MPAA) today announced the company will issue results for its fiscal 2022 first quarter on Monday, August 9, 2021. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live audio Web broadcast at www.motorcarparts.com or live by calling (833) 968-1924 (domestic) or (825) 312-2355 (international). For those who are not available to listen to the live broadcast, the call will be archived on Motorcar Par