---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-005394"
form_type: "8-K"
ticker: "MPAA"
cik: "0000918251"
company_name: "MOTORCAR PARTS OF AMERICA INC"
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T21:17:07.523990+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fiscal Q3 net sales $151.8M (-6.2% YoY); EPS $0.05 vs $0.16; revises FY2023 sales to $672-$680M

## Summary
- Net sales of $151.8M versus $161.8M prior year; net income $1.0M ($0.05 diluted EPS) versus $3.1M ($0.16).
- Gross profit margin fell to 13.8% from 20.1%, impacted by inflation, lower production absorption, and $3.9M non-cash items.
- Customer order reductions (~$14M) and new business delays (~$17M) hurt quarter; orders resumed in Q4.
- Revised FY2023 sales guidance to $672–$680M; EBITDA $54–$59M; Adjusted EBITDA $75–$80M.
- Annualized price increases of $20M and cost-saving initiatives expected to improve margins in FY2024.

## SEC filing metadata
- accession: 0001140361-23-005394
- form_type: 8-K
- ticker: MPAA
- cik: 0000918251
- company_name: MOTORCAR PARTS OF AMERICA INC
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918251/000114036123005394/0001140361-23-005394-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918251/000114036123005394/brhc10047588_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-005394
- JSON: https://secwatch.observer/filing/0001140361-23-005394.json
- Plain text: https://secwatch.observer/filing/0001140361-23-005394.txt

## Key facts
- Earnings Releases
  MOTORCAR PARTS OF AMERICA INC updated its fiscal 2023 guidance (lowered).
  - Period: fiscal 2023
  - Guidance: lowered
  - Result: guidance update
  source text: MOTORCAR PARTS OF AMERICA REPORTS FISCAL THIRD QUARTER RESULTS - Revises Fiscal 2023 Guidance Despite Strong Fiscal Fourth Quarter Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/918251/000114036123005394/0001140361-23-005394-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.