Motorcar Parts of America Inc.

NASDAQ:MPAA   11:03:42 AM EDT
13.81
+0.39 (+2.91%)
Other Pre-Announcement

Motorcar Parts Of America Reports Q4 Loss Per Share Of $0.02

Published: 06/14/2022 12:35 GMT
Motorcar Parts of America Inc. (MPAA) - Motorcar Parts of America Reports 20.3% Sales Increase for Fiscal 2022.
Motorcar Parts of America - Resumes Annual Guidance With Top-range Sales Target Reaching $700 Million, a Year-over-year Increase of Approximately $50 Million.
Motorcar Parts of America - Built Higher Than Normal Overall Inventory Levels During Fiscal 2022 to Meet Expected Demand & Address Unstable Supply Chain.
Net Sales for Fiscal 2022 Q4 Were $163.9 Million Compared With $168.1 Million in Prior-year Period.
Q4 Loss per Share $0.02.
Expects Net Sales for Its Fiscal Year Ending March 31, 2023 to Be Between $680 Million and $700 Million.