Late filing leads to default under credit facility, hires firm to evaluate strategic alternatives
Fenix Parts, Inc. (NASDAQ:FENX) announced third quarter 2016 results on March 28. Consolidated net revenues of Fenix Parts were $32.5 million for the third quarter of 2016, compared to $34.2 million in the second quarter of 2016, and $32.2 million on a combined pro forma basis in the third quarter of 2015.
Sales of recycled OEM products were $27.8 million for the third quarter of 2016, down from $28.8 million in the second quarter of 2016, and in-line with $27.8 million on a combined pro forma
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