XPEL Reports Revenue Growth of 14.8% in First Quarter 2020

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XPEL, Inc. (XPEL) Tops Q1 EPS by 1c, Revenues Beat

May 14, 2020 8:31 AM EDT

XPEL, Inc. (NASDAQ: XPEL) reported Q1 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $28.4 million versus the consensus estimate of $25.66 million.

For the Quarter Ended March 31, 2020:

Revenues. Revenues increased approximately $3.7 million or 14.8% to $28.4 million as compared to $24.7 million in the prior year.Gross Margin. Gross margin improved to 36.3% compared to 33.0% in the first quarter of... More