Newz(AP) β Motorcar Parts of America Inc. (MPAA) on Monday reported a loss of $13.4 million in its fiscal first quarter. The Torrance, California-based company said it had a loss of 71 cents per share.
The maker of remanufactured vehicle alternators and starters posted revenue of $168 million in the period. Motorcar Parts expects full-year revenue in the range of $780 million to $800 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Access a Zacks stock report on MPAA at https://www.zacks.com/ap/MPAA Source (AP) β Conduent Incorporated (CNDT) on Monday reported a loss of $116 million in its second quarter. The Florham Park, New Jersey-based company said it had a loss of 76 cents per share.
Losses, adjusted to account for discontinued operations and restructuring costs, were 18 cents per share. The company posted revenue of $531 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $702 million.
Conduent expects full-year revenue in the range of $2.15 billion to $2.25 billion. Access a Zacks stock report on CNDT at https://www.zacks.com/ap/CNDT Source (SGRY) on Monday reported a loss of $15 million in its second quarter.
On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 12 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 10 cents per share. The surgical facilities operator posted revenue of $848.9 million in the period.
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