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Stock impact report

XPEL Reports Record Revenue of $112.9 Million in Third Quarter 2024

XPEL, Inc. (XPEL) 
Last xpel, inc. earnings: 3/16 08:30 am Check Earnings Report
Company Research Source: Business Wire
SAN ANTONIO--(BUSINESS WIRE)--XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced consolidated results1 for the third quarter of 2024.Third Quarter 2024 Overview:Revenue increased 9.9% to $112.9 million in the third quarter of 2024.Gross margin of 42.5% in the third quarter of 2024.Net income grew 9.1% to $14.9 million, or $0.54 per basic and diluted share, versus net income of $13.7 million, or $0.49 per basic and diluted share in the third quarter of 2023.EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew 10.0% to $21.7 million, or 19.2% of revenue, compared to $19.7 million, or 19.2% of revenue in the third quarter of 2023. 2First Nine Months 2024 Overview:Revenue increased 7.6% to $312.9 million in the first nine months of 2024.Gross margin of 42.7% in the first nine months of 2024.Net income of $36.6 million, or $1.32 per basic and diluted share, versus net income of $40.8 million, or $1.48 per ba Show less Read more
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