Motorcar Parts of America Q1 FY27 turns to net loss of $13.4 million; net sales fall to $168 million
Reuters2026/08/10 12:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Motorcar Parts of America swung to a net loss of USD 13.4 million, or USD 0.71 per share, in fiscal 2027 Q1.
- Net sales fell 10.83% to USD 168 million on timing of customer orders; Canadian heavy-duty relocation to Mexico also delayed shipments.
- Gross margin narrowed 1.8 percentage points to 16.2%, including a roughly 2% headwind from foreign-currency fluctuations.
- Operating income dropped 82.43% to USD 3.5 million; adjusted operating income was USD 11.2 million, including a USD 3.5 million FX hit.
- Reaffirmed fiscal 2027 net sales outlook of USD 780 million-USD 800 million; expects more than USD 900 million annualized net sales by year-end.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MPA - Motorcar Parts of America Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260810225966) on August 10, 2026, and is solely responsible for the information contained therein.
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