secwatch.observer — SEC 8-K summary
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Issuer:     MOTORCAR PARTS OF AMERICA INC (MPAA)
CIK:        0000918251
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001140361-22-004277
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Motorcar Parts Q3 net sales record $161.8M (+32% YoY); EPS drops to $0.16 from $0.44
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- Record net sales of $161.8M, up 32% YoY; net income $3.1M ($0.16 diluted EPS) vs $8.5M ($0.44) prior year.
- EBITDA $11.9M, impacted by $6.4M non-cash and $4.9M supply chain cost pressures; prior year $18.8M.
- Net debt $122.9M at Dec 31, 2021 vs $120.6M at Sep 30, 2021; share buybacks and inventory growth.
- Nine-month net sales record $486.4M (+31% YoY); net income $7.7M ($0.39 diluted) vs $20.6M ($1.07) prior year.
- Company expects freight surcharges and price increases to offset supply chain headwinds in fiscal Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918251/000114036122004277/0001140361-22-004277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918251/000114036122004277/brhc10033561_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-004277

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