09.08.2013 18:14:10

Motorcar Parts Of America Swings To Profit - Quick Facts

(RTTNews) - Motorcar Parts of America Inc. (MPAA) Friday reported second-quarter net income of $101 million or $6.94 per share, compared with net loss of $10 million or $0.71 per share last year.

Excluding items, adjusted earnings for the quarter were $3 million or $0.22 per share, compared with $2 million or $0.14 per share a year ago.

Revenues for the quarter were $50 million, compared with $47 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.15 per share on revenues of $49.37 million for the quarter. Analysts' estimates typically exclude special items.

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