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0 0.0105421686746987 -0.0512048192771084 -0.0105421686746988 0.0105421686746987 0.149096385542169 0.0316265060240964 -0.0692771084337349
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Motorcar Parts of America Reports Record Fiscal Third Quarter Results [Yahoo! Finance]

Motorcar Parts of America, Inc. (MPAA) 
Last motorcar parts of america, inc. earnings: 2/10 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
17 min read In This Article MPAA - Record Sales and Gross Profit with Strong Cash Flow Generation - LOS ANGELES, February 10, 2025 BUSINESS WIRE )--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 $34.4 million and reduced net bank debt by $30.3 million. Repurchased 268,130 shares for $2.1 million. Non-cash items reduced net income by $5.0 million and gross profit by $3.4 million for the quarter, as deta Show less Read more
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