TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Monday reported net income of $1.8 million in its fiscal third quarter.
On a per-share basis, the Torrance, California-based company said it had profit of 9 cents. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $167.7 million in the period.
Motorcar Parts expects full-year revenue in the range of $750 million to $760 million.
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