Motorcar Parts of America, Inc. (MPAA) CEO Selwyn Joffe on Q1 2021 Results - Earnings Call Transcript

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153.96K Followers

Q1: 2020-08-10 Earnings Summary

EPS of $0.04 beats by $0.12
 | Revenue of $96.89M (-10.75% Y/Y) beats by $10.36M

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Q1 2021 Results Conference Call August 10, 2020 1:00 PM ET

Company Participants

Gary Maier - IR
Selwyn Joffe - Chairman, President and CEO
David Lee - CFO

Conference Call Participants

Matt Koranda - Roth Capital
Ryan Sigdahl - Craig-Hallum Capital
Brian Nagel - Oppenheimer
Scott Stember - CL King
Sarkis Sherbetchyan - B. Riley
Bill Dezellem - Tieton Capital

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Motorcar Parts of America, Inc. Fiscal 2021 First Quarter Conference Call. At this time, all participant are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Gary Maier. Please go ahead.

Gary Maier

Thank you, Josh. Thanks everyone for joining us for our first quarter fiscal 2021 conference call.

Before we begin and I turn the call over to Selwyn Joffe, Chairman, President and Chief Executive Officer; and David Lee, the Company's Chief Financial Officer, let me remind everyone of the Safe Harbor statement included in today's press release.

The Private Securities Litigation Reform Act of 1995 provides the Safe Harbor for certain forward-looking statements, including statements made during today's conference call. Such forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the company will be those anticipated by Motorcar Parts of America. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve significant risks and uncertainties, some of which are beyond the control of the Company and are subject to change based upon various factors.

The Company undertakes no obligation to publicly update or

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