Motorcar Parts of America Reports Results for Fiscal Third Quarter and Nine Months
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 for Nine Months; Operating Income Up Sharply; Strong Cash Flow – LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2024 third quarter and nine-months ended December 31, 2023 -- reflecting a strong increase in net sales, operating income and cash flow from operating activities.Key highlights for the fiscal third quarter.Net sales increased 13.2 percent to $171.9 million.Gross margin improved by 3.7 percentage points.Gross profit increased 43.1 percent to $30.0 million.Operating income increased 170.1 percent to $9.5 million.The company generated cash of approximately $53.6 million.Net sales for the fiscal 2024 third quarter increased 13.2 percent to $171.9 million from $151.8 million in the prior year.Gross profit for the fiscal 2024 third quarter increased 43.1 percent to $30.0 million from $21.0 million a year earlier. Gross margin for the fiscal 2024 third quarter was 17.5 percent compared with 13.8 p
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MPAA
Earnings
- 2/9/24 - Miss
MPAA
Sec Filings
- 4/24/24 - Form SD
- 3/26/24 - Form 4
- 3/5/24 - Form 4
- MPAA's page on the SEC website