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. supplies protective films, coatings and related services for automotive aftermarket installers, new car dealerships and automobile OEM channels. Company updates commonly cover consolidated results, revenue by product and service category, gross margin, EBITDA, operating leverage and cash flow, with recurring detail on paint protection film, window film, cutbank credits, software and installation labor.
Updates also include product and brand activity such as COLOR Paint Protection Film, windshield protection film, PRIME Window Tint, ceramic coating applications, OEM or vehicle collaborations, manufacturing and supply-chain investment, international footprint development and board governance changes.
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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