U.S. Auto Parts Network (PRTS) Tops Q3 EPS by 1c

U.S. Auto Parts Network (NASDAQ: PRTS) reported Q3 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $73.5 million versus the consensus estimate of $73.47 million.

2016 Outlook

U.S. Auto Parts continues to expect net sales to be up low to mid-single digits on a percentage basis compared to 2015. The Company also expects net income to range between $1.7 and $3.7 million. In addition, the Company continues to expect adjusted EBITDA to range between $13.0 and $15.0 million.

2017 Outlook

U.S. Auto Parts expects net sales to be up low to mid-single digits on a percentage basis compared to 2016. The Company also expects net income to range between $4.8 and $7.8 million. In addition, the Company expects adjusted EBITDA to range between $15.0 and $18.0 million.

For earnings history and earnings-related data on U.S. Auto Parts Network (PRTS) click here.

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