Carparts.Com Inc PRTS:NASDAQ

Last Price$8.67NASDAQ Previous Close - Last Trade as of 4:00PM ET 1/21/22

Today's Change-0.18(2.03%)
Bid (Size)$8.50 (1)
Ask (Size)$9.50 (100)
Day Low / High$8.58 - 9.07
Volume1.2 M

CarParts Swings to Q3 Loss as Sales Rise; Compounded Revenue Growth Target Maintained; Shares Drop After Hours

4:19PM ET 11/02/2021 MT Newswires
CarParts (PRTS) reported a fiscal Q3 loss late Tuesday of $0.09 per diluted share, compared with earnings of $0.03 a year earlier. Analysts polled by Capital IQ expected a GAAP loss of $0.05.

Net sales for the quarter ended Oct. 2 were $141.8 million, up from $117.4 million a year earlier. Analysts polled by Capital IQ expected $133.8 million.

The automotive aftermarket parts provider maintained its long-term target of 20% to 25% compounded revenue growth.

CarParts' shares were down 4.7% in after-hours trading.

Price: 15.03, Change: -1.07, Percent Change: -6.65