TORRANCE, Calif. (AP) _ Motorcar Parts of America Inc. (MPAA) on Thursday reported fiscal fourth-quarter profit of $9.2 million.
On a per-share basis, the Torrance, California-based company said it had net income of 47 cents. Earnings, adjusted for one-time gains and costs, were 56 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $121.1 million in the period.
For the year, the company reported profit of $16.3 million, or 84 cents per share. Revenue was reported as $428.1 million.
Motorcar Parts shares have declined 17 percent since the beginning of the year. The stock has declined 28 percent in the last 12 months.