XPEL, Inc. (XPEL) Tops Q4 EPS by 7c, Revenues Beat
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XPEL Reports Record Revenue Growth in Fourth Quarter 2019 of 47.4%; Full Year Revenue Growth of 18.2%
March 16, 2020 8:30 AM EDTSAN ANTONIO--(BUSINESS WIRE)-- XPEL, Inc. (Nasdaq: XPEL), a global provider of protective films and coatings, announced results for the fourth quarter and year ended December 31, 2019.
Fourth Quarter 2019 Highlights:
Revenues increased 47.4% to $39.5 million compared to fourth quarter 2018 Net Income of $4.6 million compared to $1.9 million in the same quarter of 2018 EBITDA increased to $5.6million compared to $2.9 million in fourth quarter 2018Full Year 2019 Highlights:
Revenues increased 18.2% to $129.9 million compared to full year 2018 Gross margin improved to 34.5% compared to 30.4% for full... More