{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-040606","form_type":"8-K","ticker":"MPAA","cik":"0000918251","company_name":"MOTORCAR PARTS OF AMERICA INC","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.037777+00:00","generated_at":"2026-06-22T02:32:42.888540+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Motorcar Parts of America Reports Q2 Fiscal 2023 Net Sales of $172.5M, Net Loss of $6.5M","bullets":["Net sales for Q2 fiscal 2023 were $172.5 million, a 6.6% increase from $161.8 million in prior year (excluding $13.7M core revenue).","Net loss was $6.5 million ($0.34 per share) compared to net income of $3.7 million ($0.19 per share) in prior year.","Results impacted by customer order delays and supply chain disruptions for heavy-duty and diagnostics products.","Reaffirmed fiscal 2023 guidance: net sales between $680 million and $700 million, operating income between $57M and $61M.","Gross profit was $26.5 million (15.4% of sales) vs $36.0 million (20.5%) a year ago, affected by non-cash items and transitory supply chain costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-040606","json":"https://secwatch.observer/filing/0001140361-22-040606.json","markdown":"https://secwatch.observer/filing/0001140361-22-040606.md","text":"https://secwatch.observer/filing/0001140361-22-040606.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918251/000114036122040606/0001140361-22-040606-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918251/000114036122040606/brhc10043804_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T02:32:42.888540+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7eee8a0c7bfc2113ecadaf89da3cbaf6f8050773","claim":"MOTORCAR PARTS OF AMERICA INC reported fiscal 2023 second quarter ended September 30, 2022 results: revenue $172.5 million, net income Net loss for the fiscal 2023 second quarter was $6.5 million, or $0.34 per share, EPS $0.34 per share. Guidance reaffirmed.","evidence_excerpt":"offset by customers delaying orders and supply chain disruptions for critical components. Fiscal 2023 Second Quarter Results Net sales for the fiscal 2023 second quarter were $172.5 million -- representing a 6.6 percent increase compared with $161.8 million in the prior year, which excludes $13.7 million of core revenue due to a realignment of inventory at customer","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/918251/000114036122040606/0001140361-22-040606-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 second quarter ended September 30, 2022"},{"label":"Revenue","value":"$172.5 million"},{"label":"Net income","value":"Net loss for the fiscal 2023 second quarter was $6.5 million, or $0.34 per share"},{"label":"EPS","value":"$0.34 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}