Motorcar Parts of America Reports Fiscal Second Quarter Results
Motorcar Parts of America, Inc. (MPAA)
Last motorcar parts of america, inc. earnings: 2/10 08:00 am
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US:NASDAQ Investor Relations:
investors.motorcarparts.com/investor-relations
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Source: Business Wire
- Record Sales and Gross Profit with Strong Cash Flow Generation -Full-Year Outlook Remains on Track LOS ANGELES--(BUSINESS WIRE)--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 transition expenses related to the recent strategic relocation of certain operations with expected annualized savings of $7.1 million.Generated cash from operating activities of $22.9 million and reduced net bank debt by $22.0 million.Results were impacted by non-cash items totaling
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News
- Motorcar Parts of America Second Quarter 2025 Earnings: US$0.15 loss per share (vs US$0.10 loss in 2Q 2024) [Yahoo! Finance]Yahoo! Finance
- Motorcar Parts of America, Inc. (NASDAQ: MPAA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Motorcar Parts of America Inc (MPAA) Q2 2025 Earnings Call Highlights: Record Sales and ... [Yahoo! Finance]Yahoo! Finance
- Motorcar Parts of America Inc (MPAA) Q2 2025 Earnings Report Preview: What to Expect [Yahoo! Finance]Yahoo! Finance
- Motorcar Parts of America to Report Fiscal 2025 Second Quarter Results; Host Conference CallBusiness Wire
MPAA
Earnings
- 8/8/24 - Miss
MPAA
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- MPAA's page on the SEC website