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Sep 30, 2020
MPA Q2 2021 Earnings Report
Reported record sales and profitability with continuing positive cash flow from operations.
Key Takeaways
Motorcar Parts of America reported a solid fiscal 2021 second quarter with increased profitability and positive cash flow from operations, despite the impact of global pandemic challenges. Net sales increased to $154.7 million, and net income was $15.2 million, or $0.78 per diluted share.
Net sales for the fiscal 2021 second quarter were $154.7 million compared with $150.4 million for the same period a year earlier.
Net income for the fiscal 2021 second quarter was $15.2 million, or $0.78 per diluted share, compared with net income of $6.2 million, or $0.32 per diluted share, a year ago.
Cash generated from operating activities was $16.9 million for the fiscal 2021 second quarter.
Gross profit for the fiscal 2021 second quarter was $39.7 million compared with $36.6 million a year earlier.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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