Motorcar Parts of America Reports Strong Q4 Earnings and Fiscal 2027 Guidance
Motorcar Parts of America (NASDAQ:MPAA) reported a strong fiscal fourth quarter with net sales up 9.9% and gross margin improving to 23.7%. The company swung from loss to profit, reporting $9.7 million in quarterly net income compared to a year-ago loss. Full-year results also showed improvement, turning positive at $12.4 million versus a prior-year loss of $19.5 million.
Tickers: $MPAA
Topics: buybacks financial_performance guidance