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. (Nasdaq: XPEL) is a global provider of protective films and coatings, with a focus on automotive paint protection film, surface protection film, automotive and architectural window films, ceramic coatings and related services. The XPEL news page on Stock Titan aggregates company announcements, press releases and other updates so readers can follow how the business and its products are developing over time.
Recent company news has included quarterly financial results, commentary on revenue growth and profitability, and details on product and service revenue trends. XPEL regularly reports on product revenue, service revenue, window film revenue and installation revenue, as well as geographic revenue contributions from regions such as the United States, Canada, China, other parts of Asia, Europe, the Middle East, Africa and Latin America. These updates give investors and observers insight into how demand for XPEL’s protective films and coatings is evolving across markets.
Product-focused news has highlighted launches such as COLOR Paint Protection Film (PPF), a color-changing paint protection film available in 16 colors, and communications about PRIME automotive window film and solar window films for homes and offices. XPEL also issues news about its participation in industry events, live product demonstrations and collaborations with partners in automotive and motorsports.
Corporate news items cover topics such as stock repurchase program authorizations, acquisitions like the purchase of assets of its exclusive aftermarket distributor in China, and conference call announcements for quarterly results. By following XPEL news, readers can track financial performance, product introductions, geographic expansion and capital allocation decisions in one place.
XPEL, a global leader in protective films and coatings, will host a conference call and webcast on March 11, 2021, at 11:00 a.m. ET to discuss its fourth quarter and full year 2020 results. Interested participants can access the live webcast on the XPEL investor website or join via phone by dialing (877) 407-8033 for U.S. callers or (201) 689-8033 for international callers. A replay will be available until April 11, 2021. XPEL focuses on high-quality products and exceptional customer service, operating under the ticker XPEL on Nasdaq.
XPEL, Inc. (Nasdaq: XPEL), known for protective films and coatings, has acquired Veloce Innovation, a Houston-based architectural film provider, as of December 31, 2020. This strategic move aims to enhance XPEL's presence in the architectural window film market. Ryan Pape, CEO of XPEL, expressed optimism about leveraging Veloce's expertise under Harry Rahman's leadership to boost revenue in this segment. While the financial terms of the acquisition remain undisclosed, both companies anticipate growth and improved market share through this collaboration.
XPEL, Inc. (Nasdaq: XPEL) has partnered with Spring Mountain Motor Resort & Country Club to become the 'Official Paint Protection Film.' XPEL will install its ULTIMATE PLUS 10 film on Corvettes used in the Ron Fellows Performance Driving School. This 10 mil film protects various parts of the vehicle, ensuring durability and maintaining resale value. This initiative targets new Corvette C8 owners, providing exposure to XPEL's premium products and generating promotional buzz, thus aligning with the company’s growth strategy.
XPEL reported robust financial results for Q3 2020, achieving a 29.5% revenue increase to $46.1 million compared to Q3 2019. Net income surged 46.5% to $6.6 million, translating to $0.24 per share. EBITDA rose 50.5% to $9.0 million, accounting for 19.5% of revenues. For the first nine months, revenues increased 22.0% to $110.3 million, with net income reaching $12.2 million or $0.44 per share. The company also noted a cash increase to $27.2 million by September 30, 2020.
XPEL, a global leader in protective films and coatings, will host a conference call on November 11, 2020, at 11:00 a.m. ET to discuss its Q3 2020 results. Interested parties can access the live webcast on XPEL's investor relations website. Participants can join the call by phone, dialing in five minutes prior to the start time. A replay will be available until December 11, 2020, using the provided conference ID. XPEL specializes in automotive and architectural protective solutions and operates with a strong focus on customer satisfaction.
XPEL, Inc. has expanded its flagship product line, FUSION PLUSTM, to include new protective coatings for automotive surfaces and marine applications. The enhanced lineup features ceramic coatings for glass, wheels, brake calipers, upholstery, and plastic surfaces. The company aims to address the growing demand for surface protection while providing increased revenue opportunities for its global installer network. These products are currently available in North America, with global availability expected by November 2020.
XPEL, Inc. (Nasdaq: XPEL) has announced its agreement to acquire certain assets of France Auto Racing, a distributor of automotive paint protection film in France. This strategic acquisition aims to strengthen XPEL's presence in the underpenetrated French market. CEO Ryan Pape stated that the integration will involve additional account management and training personnel, enhancing customer service. The acquisition is anticipated to close in Q4, with terms undisclosed.
XPEL, Inc. (NASDAQ:XPEL) will present at the LD 500 investor conference on September 1, 2020, at 7:40 AM PST / 10:40 AM EST. The presentation will be led by Ryan Pape, President & CEO, and Barry Wood, CFO. A webcast of the event will be accessible online. Additionally, XPEL executives will hold virtual one-on-one meetings throughout the day. Attendees can register for these meetings through the LD Micro platform. The LD 500 conference runs from September 1 to 4, 2020, providing an opportunity for investors to connect with emerging companies virtually.