TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Monday reported a loss of $722,000 in its fiscal fourth quarter.
The Torrance, California-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 28 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $193.1 million in the period.
For the year, the company reported a loss of $19.5 million, or 99 cents per share. Revenue was reported as $757.4 million.
Motorcar Parts expects full-year revenue in the range of $780 million to $800 million.
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