secwatch.observer — SEC 8-K summary
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Issuer:     MOTORCAR PARTS OF AMERICA INC (MPAA)
CIK:        0000918251
Form:       8-K
Filed at:   2022-06-14T23:59:59+00:00
Accession:  0001140361-22-022838
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Motorcar Parts of America reports record FY2022 sales $650.3M (+20.3% YoY); guides FY2023 sales $680-700M
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- Record net sales $650.3M, up 20.3% year-over-year from $540.8M.
- Net income $7.4M ($0.38 diluted EPS) vs $21.5M ($1.11) prior year, hit by transitory supply chain costs.
- FY2023 guidance: net sales $680-700M, operating income $57-61M before non-cash items.
- Q4 net sales $163.9M vs $168.1M; net loss $332,000 ($0.02 per share).
- Gross margin 18.1% for FY2022, pressured by non-cash items and supply chain disruptions; expects improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918251/000114036122022838/0001140361-22-022838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918251/000114036122022838/brhc10038646_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-022838

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