Motorcar Parts of America Reports Earnings Increase in Q3
TORRANCE, Calif. - Motorcar Parts of America Inc. (MPAA) announced a 1.59% increase in earnings during its fiscal third quarter. The Torrance-based company reported earnings of $2.3 million, equating to 11 cents per share. Adjusted for non-recurring items, earnings amounted to 35 cents per share.
MPAA, which specializes in remanufactured vehicle alternators and starters, generated revenue of $186.2 million in the quarter.
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