BUZZ - US auto parts company shares plunge after lowering 2027 revenue forecast

November 9 - ** Shares of U.S. auto parts supplier Motorcar Parts of America MPAA.O plunged about 25% in early trading to $7.91.

** The company lowered its 2027 net sales forecast due to delays in orders from both existing business and newly awarded contracts.

** The company reduced its annual net sales outlook from $780 million - $800 million to $715 million - $740 million.

** Net loss per share in the second quarter narrowed to $0.03 from $0.11 in the same period last year.

** Revenue for the quarter was $169.2 million, compared to $221.5 million a year earlier.

** Including intraday fluctuations, the stock has fallen 36% year-to-date.

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