Motorcar Parts reports Q3 GAAP EPS 11c vs. ($2.40) last year

Reports Q3 revenue $186.18M vs. $171.86M last year. “We achieved solid results for the quarter and continue to benefit from strategic initiatives designed to enhance our performance. While customer specific internal dynamics can have a short-term impact on suppliers, we are optimistic about our ability to further leverage our leadership position within the non-discretionary aftermarket parts market – supported by quality products, customer-centric service and an industry recognized commitment to excellence,” said Selwyn Joffe, chairman, president, and chief executive officer.