Motorcar Parts of America, Inc. announced unaudited consolidated for the second quarter and six months ended September 30, 2018. For the quarter, the company announced net sales of $127,939,000 compared to $110,261,000 a year ago. Operating income was $10,393,000 compared to $12,715,000 a year ago. Income before income tax expense was $4,694,000 compared to $9,193,000 a year ago. Net income was $3,513,000 compared to $5,595,000 a year ago. Basic net income per share was $0.19 compared to $0.30 a year ago. Diluted net income per share was $0.18 compared to $0.29 a year ago.

For the six months, the company announced net sales of $219,607,000 compared to $204,956,000 a year ago. Operating income was $8,526,000 compared to $28,283,000 a year ago. Loss before income tax expense was $2,248,000 compared to income of $21,447,000 a year ago. Net loss was $1,982,000 compared to net income of 13,415,000 a year ago. Basic net loss per share was $0.10 compared to basic net income per share of $0.72 a year ago. Diluted net income per share was $0.10 compared to $0.69 a year ago.

Motorcar Parts of America reaffirms its fiscal 2019 annual adjusted sales guidance of between 6.5% and 8.5% growth year over year, with expectations of reaching the higher end.