Motorcar Parts: Fiscal Q1 Earnings Snapshot

August 9, 2022 GMT

TORRANCE, Calif. (AP) _ Motorcar Parts of America Inc. (MPAA) on Tuesday reported a fiscal first-quarter loss of $175,000, after reporting a profit in the same period a year earlier.

The Torrance, California-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs and stock option expense, were 36 cents per share.

The maker of remanufactured vehicle alternators and starters posted revenue of $164 million in the period.

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