XPEL, Inc. (XPEL) Tops Q3 EPS by 7c, Revenues Beat

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XPEL Reports Record Revenue in Third Quarter 2020; Revenue Increases 29.5%

November 11, 2020 7:00 AM EST

SAN ANTONIO--(BUSINESS WIRE)-- XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced results for the third quarter and first nine months ended September 30, 2020.

Third Quarter 2020 Highlights:

Revenues increased 29.5% to $46.1 million compared to third quarter 2019 Net income grew 46.5% to $6.6 million, or $0.24 per basic and diluted share, compared to $4.5 million, or $0.16 per basic and diluted share, in the same quarter of 2019 EBITDA grew 50.5% to $9.0 million, or 19.5% of revenues compared to $6.0 million in third quarter 20191

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