TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Tuesday reported a loss of $3 million in its fiscal second quarter.
On a per-share basis, the Torrance, California-based company said it had a loss of 15 cents. Earnings, adjusted for one-time gains and costs, were 31 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $208.2 million in the period.
Motorcar Parts expects full-year revenue in the range of $746 million to $766 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPAA at https://www.zacks.com/ap/MPAA
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.