India, Feb. 27 -- Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Thursday a net loss from continuing operations for the fourth quarter of $0.80 million or $0.04 per share, compared to net income of $6.43 million or $0.32 per share in the prior-year quarter.
The company also reported a net loss attributable to SMP of $2.20 million or $0.10 per share, compared to net income of $6.43 million or $0.29 per share in the prior-year quarter.
Excluding items, adjusted earnings from continuing operations were $0.47 per share, compared to $0.37 per share last year.
Net sales for the quarter grew 18.1 percent to $343.35 million from $290.76 million in the same quarter last year. Net sales ...