MPAA Q1 sales record $164M; net loss of $175K vs prior-year profit

MOTORCAR PARTS OF AMERICA INC

2023-Q1 EPS reported -$0.01 revenue$163,985,000

Net sales rose 10% YoY to a fiscal Q1 record of $164.0M; gross profit up 28.6% to $30.3M.
Net loss of $175,000 ($0.01 loss per share) vs net income of $861,000 ($0.04 diluted) a year ago.
Gross margin improved to 18.5% from 15.8%; impacted 2.2% by non-cash items and 1.6% by supply-chain costs.
EBITDA was $10.5M; results included $4.2M of non-cash items and $2.8M of transitory supply-chain costs.
Company expects margin expansion from price increases and higher brake-product volumes in Q2.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.