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0 -0.00886917960088673 -0.00886917960088673 -0.00727272727272726 0.0299334811529935 0.0155210643015522 0.0199556541019957 0.0133037694013305
Stock impact report

Motorcar Parts of America Reports Year-End 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
LOS ANGELES, June 11, 2024 BUSINESS WIRE )--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 from operations of approximately $39.2 million. Fiscal 2024 Fourth Quarter Results Net sales for the fiscal 2024 fourth quarter were $189.5 million compared with $194.7 million in the prior year, impacted by industry softness. Sales in April and May 2024 indicate a strong start to the new fiscal year. Gross profit for the fiscal 2024 fourth quarter was Show less Read more
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