TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Monday reported net income of $3 million in its fiscal first quarter.
On a per-share basis, the Torrance, California-based company said it had net income of 15 cents. Earnings, adjusted for one-time gains and costs, came to 17 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $188.4 million in the period.
Motorcar Parts expects full-year revenue in the range of $800 million to $820 million.
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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
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