XPEL, Inc. (XPEL) Tops Q3 EPS by 5c
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XPEL Reports Third Quarter 2022 Results
November 9, 2022 8:30 AM ESTSAN ANTONIO, Texas--(BUSINESS WIRE)-- XPEL, Inc. (Nasdaq: XPEL) a global provider of protective films and coatings, today announced results for the third quarter and nine months ended September 30, 2022.
Third Quarter 2022 Highlights:
Revenues increased 31.0% to a record $89.8 million in the third quarter. Gross margin percentage improved to 39.8% in the third quarter, a new high for the Company. Net income grew 59.9% to $13.3 million, or $0.48 per share, compared to $8.3 million, or $0.30 per share, in the same quarter of 2021. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew 66.0% to... More