RTTNews | Aug 6, 2021 02:01PM EDT

14:01 Friday, August 6, 2021 (RTTNews.com) - CarParts.com, Inc (PRTS) is up 10% in the Friday market after reporting an increased profit in the second quarter results.

The retailer of vehicle parts reported a net income of $2.07 million or $0.04 earnings per share, up from $1.56 million or $0.03 earnings per share last year. Four analysts polled by Thomson Reuters estimated the earnings to be $0.04 per share.

The revenue also increased 32% year-over-year to $157.54 million, from $118.93 million. Four analysts projected a revenue of $133.35 million for the quarter.

The shares are trading at $19.27, up $2.31 or 13.62% since their previous close at $16.96. The shares opened at $19.43 in the morning and in the 52-week period, the shares have ranged between $9.39 and $23.26.

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