Welcome to our dedicated page for Xpel news (Ticker: XPEL), a resource for investors and traders seeking the latest updates and insights on Xpel stock.
XPEL Inc. (XPEL) delivers innovative protective solutions for automotive and industrial markets through advanced films, coatings, and design software. This page provides direct access to official company announcements and market-relevant updates.
Investors and industry professionals will find curated news including quarterly earnings reports, product launch announcements, and strategic partnership updates. Our repository ensures timely access to material developments affecting XPEL's position in protective film technology and automotive aftermarket solutions.
Key content categories include financial performance disclosures, technological advancements in paint protection films, and expansion initiatives across architectural and marine coating segments. All information is sourced directly from company communications to ensure accuracy.
Bookmark this page for streamlined tracking of XPEL's operational milestones and market activities. Check regularly for updates reflecting the company's progress in automotive surface protection and related technologies.
XPEL, a global leader in protective films and coatings, has partnered with renowned car customizer Will Castro to sponsor Castro's Unique Academy in West Hempstead, NYC.
The academy offers a 12-week hands-on training program for 17-19-year-old students, teaching them automotive technical skills like applying window film, ceramic coating, and paint protection film, along with business and leadership skills.
This initiative addresses the pressing need for 100,000 new auto technicians annually in the U.S. The program, which began in April, targets underprivileged youth, aiming to inspire future auto technicians. XPEL provides funding, supplies, and guest instructors for the academy.
The classes are held on Saturdays at Team Unique’s auto facility and are being filmed for a Unique Academy TV show scheduled to air on ROKU this fall.
XPEL, Inc. (Nasdaq: XPEL) reported its first-quarter results for 2024, showing a 5.0% revenue increase to $90.1 million. However, net income decreased by 41.7% to $6.7 million. EBITDA also declined by 31.5% to $11.7 million. The US market faced challenges, with port delays impacting sales. The company's outlook for annual revenue growth was revised downward to 8-10% from 15%.
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